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Daily Digger - Thursday Nov. 11, '04


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CDE was worse. 15 million to 191 million. Anyone have any thoughts on what effect these stock dilutions have on prices for these miners going forward?

You would need to find an analyses what was done with the money

If they got the money to acquire or develop and this had sufficient added value the dilution should not worry anyone

However if the dilution was used to pay a very large premium or goodwill that part is lost

If the dilution was used just to stay alive ; everything is lost ; but if future prices are looking to go a lot higher then in the past this still does not mean they cannot attain and surpass past prices on better expectations

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