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Bullboard - Stock Discussion Forum Colorado Res Ltd Ord CLASF

Metals & Mining Industrial Metals & Minerals
Colorado Resources Ltd is an exploration stage company, principally engaged in the business activities of acquisition, exploration and development of mineral properties. The company's principal properties are located in British Columbia, Canada. Some of its properties are KingPin, Sofia, KSP and North ROK-Coyote Property, among others.

OTCPK:CLASF - Post Discussion

Colorado Res Ltd Ord > Removes the upside
View:
Post by HazonF on Aug 25, 2020 3:26pm

Removes the upside

The concolidation totally removed the upside of scale from existing sharholders. Thanks!
Comment by jfan22 on Aug 25, 2020 3:45pm
The consolidation added liquidity to the market. Whether you wanted in or out of a position, it is easier now. The upside potential has not been removed. Current market cap is ~15M which is about where it was pre-consolidation. If the market cap moves to 30M, the value of your position is still doubled. I dont like the consolidation because market illiquidity was working in my favour. But be ...more  
Colorado Res Ltd Ord