omg more capital raising, page-6

up to $20,000,000 capital raising - you cannot be serious -ssc i love the dream and been saying it for some time that the story could eventuate and im willing to ride this one out to see the ssc transform into a mid tier resource company - with a market cap of $500 - but think about us shareholders seriosuly -

1st you wanted us to vote yes to issuing you guys with interest free loans to acquire shares which we agreed to -

2nd you asked for further funds to allow for growth and acquisitions to put us in a strong financial position for heavy acquisitions in the eastern europe consolidation plan

3rd- you stated only as recent as last week that we were in a very strong cash position - which meant that no imminent cap raisings would be on the cards and now you want us to vote yes to this latest sham without giving a bit back to shareholders -

It was getting a little tiring hearing what we all thought on this forum over the past few months - but ssc personnel you definantly should get a representative on Hot Copper to ascertain shareholder sentiment on how "OUR" company is being managed or mis-managed. Like many have said- lets use funds wisely- start getting projects off the ground and then start becoming self sufficent bringing in revenue to fund future growth and to pay for company expenses. With revenue flowings, the need to further dilute and dilute will mean we wont be in a far worst position having to go to market as we seem to be to often, asking for funds in this very weak global times -

We hear the terms consolidation - but when and at what ratio - if we were to further dilute the ssc further at current prices, id be close to say that it would be almost disastrous to put it mildly- and to the extent of up to $20,000,000 - you cannot be serious . The only reason why I would consider this a necessary move in this current climate would be if we had an absorbent debt that had to be paid off ( for example take a look at NAV which had to raise huge funds to pay off debt and just have a look how their shareprice is languishing with shareholder unrest)

Anywho, this is my small rant but seeing that another cap raising could be on the agenda and to the tune of $20,000,000 is beyond me when we should be pushing projects through to producing stages instead of acquiring 50 million projects without one that is bringing in revenue. Think about it- should a 20,000,000 cap raising be on the cards at current prices - you can add another 1.333333333 shares outstanding on the registrar ( and thats only basing it at a cap raising price of 1.5 cnts) keep in mind normally completed at a discount to the price on market which would mean more- only spells disaster -

SSC rememeber - they didnt build rome overnight so maybe its time to stop thinking like an ADHD child of trying to turn this company into the next RIO or BHP overnight - lets start taking baby steps in the right direction- ie start getting our impressive suite of projects of ground- become self sufficent and bring into recurruing revenue and grow from funds earnt - not raised continually and diluting consistently -

just a thought