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First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed
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AGORACOM News Flash

AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

  • Aim to develop and manufacture the best technology graphite in the world
  • Additional shareholder value will come from investment in commercialized graphene through joint venture partner, Grafoid Inc.

Read More   |   *SPONSOR

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

AGORACOM Maintenance Alert: Friday Evening Downtime for About an Hour Read More

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

 

 

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Re: lets stay "objective" ...and VOTE NO

posted on May 31, 08 05:06PM


villa: please remember: (along with all shareholders)

with regard to dilution:

the number of shares outstanding does not matter !

what matters is the "market cap" !



lets say we need 5 million to do more great drilling right through the fall:

whether we do it @ 10 cents (50,000,000 new shares plus warrents)

or @ 50 cents ( 10,000,000 new shares plus warrents)

it does not matter ....the market cap remains the same

....our value as a company remains the same.



right now our market cap is down to around 20 million, (we have fallan from 10.5 to .065 becuase of this 'split' non-sense being introduced)

...it should be atleast at 40 - 50 mil. with the price around .15 to .20 cents ...this range would be fair value given present market sentiment.

vote NO (IF YOU WANT TO SEE SHAREPRICE AT FAIR VALUE)



cheers ...danny











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