GREY:JNRRF - Post by User
Comment by
megphion Dec 18, 2003 4:15pm
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Post# 6799803
RE: Multi-Rig program 2004 and
RE: Multi-Rig program 2004 andNice close. Maybe we can close the week at $0.30 tomorrow??
The number of shares outstanding, according to my calculations, is less than 65,000,000. I think we need to stand back for a second and assess where we are today. We now have the same number of shares outstanding (if not a little less) than when Dale Hoffman passed away (fully diluted) and $1.2 million in the bank. We are also moving forward and drilling on the Moore Lake project. Our share price is $0.275.
However, less than 4 months ago we had no money in the bank and owed the government upwards of $200,000. We were not doing any work on any of the properties and our share price was $0.035. I don't know about you guys but I am happy as a pig in SH&$!!!