re: kcn fooling themselves -watso wrong well, kcn surprised...

re: kcn fooling themselves -watso wrong well, kcn surprised yesterday, with a strong gain. i would not be surprised if kdn again, moved north today. that would have to have and holders thinking about the kcn bid again.

andean sahreholders should keep in mind, that andean will have to raise more money, and a motza at that - which either means dilution, or having to cough up more money. both alternatives, are not very pleasant. just a wild guess (ie a stab in the dark), but it would not surprise watso if andean, in the fullness of time, did a 1 for 3 issue at 30c. that would raise $30m. which in all fairness might not be enough, as the money flies out, when a company is having fun. potential lenders would want the company to put up a good level of equity, in any development

kcn have the potential cash flow, to advance the project, with very little dilution to existing shareholders