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Creston Moly Corp. > Message
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Re: Production or buyout?

Posted by: 2b on July 16, 2008 07:20PM

In response to: Re: Production or buyout? by durango20

The problem of course with going into production now is the credit crises. What will the financing look like and how much of the company would be given away through dilution? It seems to me the best answer for shareholders here would be either a joint venture or a buyout by a mid-tier miner where we would get shares of the company that bought us out and still have a chance to benefit from the potential of the Creston mine.

I think it would be exeedingly dilutive to finance a $300-$500 million dollar mill. Maybe there is another way, we'll see soon enough.



2b

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