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Global Cobalt Corp GLBCF

Global Cobalt Corp is an exploration stage company. Its projects are Altai Sister Properties, and The Iron Creek Cobalt-Copper Project.


GREY:GLBCF - Post by User

Comment by DRYOASISon Jun 24, 2015 6:58pm
225 Views
Post# 23865683

RE:RE:RE:RE:Real Volume 850,000

RE:RE:RE:RE:Real Volume 850,000Here's my take on this. GCO has a market cap of 3 mil with 100 mil shares outstanding. We know the company will be split to form another company therefore, the value will also be split. GCO and GEM both could be priced at a penny. If I wanted to increase my position in GCO and not GEM, I could sell now at 3 cents, wait for the split and get back in doubling or tripling my shares. Now, we small fish can only speculate what the SP for both companies will be after the split and we don't have a clue what's happening with Karakul, but I bet you someone in BC knows what's going on.
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