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Sandstorm Metals & Energy Ltd STTYF



GREY:STTYF - Post by User

Comment by Metalschicon May 31, 2013 7:05am
181 Views
Post# 21465594

RE: Impact of consolidation (reverse split)

RE: Impact of consolidation (reverse split)

On contrary, the R/S has had a negative impact on the sp.  Look at the historical data since the R/S.  Nothing but red and IMO, it will continue to slide, except for maybe a short term bounce with today's announcement.

 

I will look to get back in when this slides under $2.  Until then, I hope that Nolan & co can turn this around.

 

Going forward, I look for dilution as capital is needed to ink stronger streams.

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