RE:Shares Halted for Another 30 daysThe share price only ever passes real value, never stays there. How the market works.
At .03 it could be overpriced.
Trading in the .09 nust represents what mom and pops buy n sell pressure, not real value or just low end of short term value.
If someone wanted to buy into a slice of ncu on the market, price would ratchet up pretty quick.
This so called chapter 11 is more a power play for the property, cannot be draggged out, limited specified timeframe, so whoever actually wants the property, thinks it has real value, will pony up and buy it.
The underground mine currently has little real value, currently, as attempts to turn a profit have PROVEN futile. The valye is in the infrastructure, and the reserves.
Many properties have reserves, but goes for pennies.
What does cu go for in the ground, per pound?
Then remember, the banksters are at work, and will have zero intention of overpaying for a property in c11.
This will be fun to watch.
Kw