OTCQB:NVMDF - Post by User
Comment by
Miningjunkie016on Jun 25, 2011 7:02pm
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Post# 18765148
RE: RE: Buy it all
RE: RE: Buy it allI just did the math early post transaction we are at $.15 given a combination of HMI and SRC. Only misssed by 50%. Oh ya bad markets. I am holding but disappointed. WHAAAAAAA!
Hey Star8 - a couple of points - the spinout is only 4 days old - were you planning to sell SRC and HMI going into the Ballarat drilling program? Secondly, have you LOOKED at the market depth in SRC? There are less than 75,000 offered up to $1.50. The cheapest entry point into SRC was through HMI and hence the "Buy it all" remark. If we had waited for the spinout before attempting to build positions in SRC, you would NEVER get any stock.
Do you want some cheese with that whine?