GREY:CATXF - Post by User
Post by
fortun8on Nov 28, 2013 1:58am
264 Views
Post# 21948958
My take is that juniors are going to suffer for a long time
My take is that juniors are going to suffer for a long timeto come and rightly so as i have seen year after year that some board and management of juniors have been fairly cavallier at abusing the shareholder loyalty and trust....now as for this company i am not aware what their intentions are however from a trading point of view i suspect a reverse split is possible and perhaps a 25 for 1 and then the share price could slide back to 0.10 range and all the options can be repriced,debt can be converted to shares and a financing could be done at the same level....in a scenario such as that the only losers will be the long time loyal shareholders....this is my take and its purely speculative however the juniors seem to be following this recipe and thus i believe is the primary reason why the investors shun the junior markets....this is all my own opinion and i urge you all to do your own due dilgence as i have been wrong on many occasions and i could easily be wrong this time as well