They are BUYING things with those shares,sometimes capitalized and sometimes not,but their purchases are moving the company to ever increasing VALUE-which cannot be seen by some-but real value increases as movement continues toward the MPO. Without permits share would eventually be worthless-so any shares issued to obtain permits would eventually have a non-dilutive effect.
My answer to SKA-Do you use money when u buy things from the store? And when you do so does your spouse or whoever falsely accuse you of throwing money out the window on a gambling lark or the scenario above-of course not-not unless they want their food poisoned or a beating.
They are BUYING something w those shares. If what they are buying increases real value more than the market value of shares then there is NO effective dilution- because what they have bought increases true value and hence value of shares, even if not realized yet by the ignorant market.
You have to understand the import of the lead BLM man-the lead agency-publicly telling a newspaper reporter that approval of the MPO is imminent.
They dont do so carelessly-for doing so potentially invites repercussions.
The background-1 or 2 companies in this BLM jurisdiction were discovered to be operating without any permit AT ALL.
That was embarrassing to BLM,so some regional BLM manager transfers Todd into the Kingman office to clean things up-which is why the permit process was reopened ca Labor day Sept. To make sure all i's are dotted.
So after doing so the lead BLM man Todd publicly says the permit is imminent- given the possible repercussions of his public discourse Todd would not make those statements lightly-when you are the head of a company or other unit as I was you quickly learn to be careful in disseminating info to the press.
The imminency of the main permit is a huge catalyst. This who profit from a pps fall ALWAYS ignore these catalysts and operations and incessantly focus shareholders attention on share structure,TA etc -wake up!
The picture that those who profit from a pps fall continually present is of a totally irresponsible Ceo who doesnt know what he's doing on a drunken orgy racing thru the countryside in a stolen car throwing shares out the window-and some buy it -at least to the extent of allowing them to control the playing field.
Would you do that? These are businessmen with a goal. They dont go thru the hassles of this just to throws shares out the window-and they dont get their money that way-they earn money when the project is successful.
Thanks guys for your lieflub pm's-I cant pm there
