Developing the Kasala Project In The DRC

Latest assay results have confirmed that copper mineralization has a minimum strike length of approximately 800 metres and a width of approximately 250 metres

Hub Home

> Log In

Demo Video
Private Messages
Edit My Profile
View/Edit Portfolio

Email Updates

AGORACOM News Flash

AGORACOM WIRE - TUESDAY MAY 29TH, 2012

CONTINENTAL ENERGY Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

SONOMAX completes $3 million equity financing Caisse de dépôt et placement du Québec contributes a significant portion of financing

“Sonomax Now A Proven Commodity In The Mining Sector”
Read Full Press Release; Read Why Sonomax?
Jump Into Active Discussion Forum
*Sponsor*

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc. Read More | *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013 Read More | *SPONSOR

Message: El Nino Ventures: Non-Brokered Placement, Update on the DRC Projects

Reply New Message

« Prev Message Back To Forum Go to Threaded View Next Message »

bucketshop

Rank: [?]

Mail Room

Points: [?]

119

Rating: [?]

Votes: 7 Score: 3.1

Currently 3.1/5 Stars.

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Re: El Nino Ventures: Non-Brokered Placement, Update on the DRC Projects

in response to El Nino Ventures: Non-Brokered Placement, Update on the DRC Projects by AGORACOM

posted on May 04, 09 06:46AM

I was starting to wonder why the company has been so silent lately, well lo and behold,here is the reason why.

Ouch.

I'll never for the life of me understand why management sees the need to dilute so much, especially a PP, not a Brokered PP. Does the company already have a buyer lined up and this is merely window dressing?
Why 22 Million shares, and a full warrant to boot holy cow that is soo freaking dilutive I do not even know where to start.