Re: BB: please elaborate - Luckylong
in response to
by
posted on
Nov 27, 2010 04:54PM
Luckylong,
I'll reply to your question. You can avoid dilution by buying your proportionate shares of the private placement. Your shareholdings increase proportionately to the total share increase. The flow-through also provides a nice tax break. Allowing shareholders to participate is a nice gesture by management. This is not a gift, because this remains a highly speculative junior play. But with high risk comes high reward. Just don't bet the house on it.
Good luck everyone!
Cheers
Camper