RE:RE:RE:RE:RE:RE:RE:RE:RE:Share ConsolidationYou have compared Mako to other jr's in the past;
- mako's deposits are in comparison to other mines for investors to pick and choose,
- mako's price is always in comparison to other jr mines -
- mako's managment is always in comparison to other mines - and comparison to previous management who was the one that discovered the deposit.
the whole point of money allocation is to compare companies - thats quite ignorant of somone to claim they do this for a living.
As for $8.00 is not high for a "normal stock" - this is not a normal stock... not yet. your jumping too far to fast. Your not a proven business yet.
And it only goes to 8 from its current price. Analysts have long predicted this stock is well worth over 80 cents now... comparable companies (again comparing other players in the market) You have already demonstrated you can't reach that with this climate, you expect the consolidated price to hold? or grow - its not moving much now ---- you can't be that ignorant.
As for how does catalysts change anything. I'm uncertain if this is a serious question? Any mining executive with experience will tell you, until you have high rate of positive cash flow coming, its pointless to do a reversal/consolidation. Its best to let the market naturally set the price until you have 3 months worth of catalysts to keep the stock from falling down after the reversal.
The reversal at a higher price example $2.00 - $3.00 gives you, or for example a comparable company (see this is when you compare companies), does a reversal the stock price will shoot upwards of $30.00 - that makes more sense. to do what your doing now makes no sense.
with your reversal of 1:20 - which is clearly insane at this junction you'll probably end up seeing it for your self when/if it happens.
If you and Wexford care so much about the money, i suggest you listen to more seasoned mining executives who know more about jr gold companies. And instead of being ignorant, look at other jr companies who have had success, i commend you on being transparent vs other companies thats a first.