Whats this tell ya?1. At current share price, XTT management will not accumulate more shares.
2. At current share price, no one will make an offer to buy or merge with XTT.
3. At current share price no one will take XTT over, hostile or friendly to gain control over all the land claims they own.
4. At current stock price Fantasy Mike F´s solution is to do a 1 to 10 stock split to reduce the float because he thinks this will entice investors for future drill programs.
This stock split will not change the market cap of the company nor improve the value of their land.
This stock split will not change the fact Fantasy Mike F is not capable of running a JR mining Company.
Just think about it this way. TLG has a fully operational mine a ¨stones throw away¨ from XTT and they will not even make an offer on that land or simply take over XTT even though the stock price has been decimated and market cap has been wiped out. This is even with $500,000 working capital on the books @ 2 million market cap, Trolius Land, Grog land, NB land and recent Lithium land purchases.
If it looks like Sh*t and smells like Sh*t, it means it is Sh*t.
Give Fantasy Mike a call or ask at the shareholders meeting.... OH right there is no call in number for investors to ask questions at the SHAREHOLDER meeting.
Yes this company is dead.