Post by
cobra1976ii on Oct 10, 2012 10:02am
Share Price
Any reason we would be going backwards instead of moving forward?
Comment by
ScaryRaccoon on Oct 10, 2012 10:33am
Because nothing ever goes right with this stock. We've been sitting in this range forever now where we should be north of $1 by now based on the size of resource and the fact that its in Ontario.
Comment by
ScaryRaccoon on Oct 10, 2012 10:35am
I'm simplifying of course for lack of time... but there are plenty of reasons we should be much higher than we are today.
Comment by
muffin17 on Oct 10, 2012 11:26am
On a relative basis the market cap is higher than a year ago but the higher valuation as with most companies has been achieved by way of shareholder dilution, not share appreciation. Our CEO noted in an interview that dilution is the biggest enemy of shareholders. 3 months or so later he grants stock options to everyone and his brother.