Post by
elitespooner on Jan 25, 2021 8:21pm
Income Stream
We will have income coming in from CHeetah, the NWT light Ree's.
Regarding dilution, ya clean it up, easy ! 1 for 10..done
Having a partner in Thunder Bay, beauty and a 5000 ton bulk sample to continue a feed. All a good plan in these days of electrification.
Im looking forward to the decision on the Heavy ree's.
Other than that the norm, maybe some cash for some exploration on the Cesium play.
Comment by
jazzlistener2 on Jan 26, 2021 7:43am
share dilution is the last thing that would benifit present shareholders. It would be like pulling the carpet out from under your feet. those who buy after a consoldtion have a fair chnce but the present holders would be hung out to dry. 45 years of trading tells me this.
Comment by
arcoe1 on Jan 26, 2021 1:57pm
My 40 years in the markets tells me that roll backs never as in NEVER work long term. All they do is provide management the opportunity to dilute all over again ,eventually running the share price right back down to where it started from ,only this time with far more shares outstanding. It is my fervent hope that Bubar is wiser than some on here promoting consolidation of the the share structure.
Comment by
toppgunn on Jan 26, 2021 2:10pm
I beg to differ. T.ORA Aura minerals is a recent prime example. Up about 1000% since the share roll back.
Comment by
arcoe1 on Jan 26, 2021 2:24pm
You can differ all you want. Consolidations don't work long term, period. You will come to realize this as you gain experience in the markets. Your given example merely illustrates that exceptions don't prove rules. I for one have been invested in Avalon long enough that I don't wish to gamble on the chance of it just being another exception.