Rockcliff Metals Corp C.RCLF

I can smell a Consolidation

[BSdetector2016]

and another financing before this ship is righted. More assays do not cut it any more.

[ggrellette]

I agree on the Rollback or share consolidation. Sadly drill results are not moving any exploration stocks at this moment in time . Share consolidation will NOT RIGHT the ship. All share consolidation does is destroy retail confidence and allow mgt. to secure financing.

[Islandtime21]

Not much downside at a 16m market cap. How is retail destroyed? If they secure more funding (which they will need) it keeps the drills turning.

[ggrellette]

When a stock is rollbacked you loose your multiple which means you make less money or never even break even. The mulitiplier is the number of shares you own. Example: A stock trading at 5 cents does a share consolidation(Rollback) of 10 for 1 effective on December 1st. There are 200,000,000 million shares outstanding. On the 1st stock is halted and then the price is suddenly 50 cents and now

[Martyboss]

Unfortunately  that may be the only way out of this mess management has gotten this little company into.

[Islandtime21]

Prices you quote are irrelevant. % Change in market cap is the same in either scenario. You don't make more money.

[ggrellette]

Hey Genius it was just an example. Maybe you should stop and read the post more carefully next time. Thks for the useless response.