RE:RE:NR April 21/2016..map shows just how close to Rockwood Mine.NOKA could easily handle a share price of between 0.50-0$1.00 given its has such a small and tight float and quite frankly every company wishes they had a float that looks like NOKA,s and this company should be priced alot higher given the large m.caps of its neighbours...here is NOKA,s share structure below...
SHARE STRUCTURE
As of February 2016
| Shares Issued and Outstanding | 24,490,988 |
| Options | 1,294,000 |
| Warrants | 6,641,250 |
| | |
| Fully Diluted | 32,426,238 |
WARRANT BREAKDOWN:
| Amount | Exercise Price | Expiry Date |
| 572,000 | $2.00 | 25-Feb-16 |
| 5,471,250 | $0.10 | 27-Feb-16 |
| 598,000 | $1.00 | 18-Jul-16 |
Now here are NAKO,s neighbours m.caps that were posted by a previous bb poster earlier today...and by the way thanks for posting them..great dd on your part!!!
Lithium X - $102M Market Cap Nevada Energy Metals - $16M Market Cap Pure Energy - $55M Market Cap NOKA Resources - $5M Market Cap NAKO deserves a map many multiples of its 0.19 close on friday especially given such a low float and close proximity to the BIG Rockwood Mine which is very close to NAKO,s property....also look at Lithium X which has a m.cap 20 times that of NAKO and Lithium X aren't even in production yet and they still have a m.cap over 100 million and having said that its going to be a very interesting next few weeks and months ahead for NAKO as it catches up to its neighbours in m.cap and also it could easily surge over 0.50 next week alone as i think supply of shares are going to very few and demand will simply drive this sp up to where it should be...it other words muliples higher that the 0.19 close on friday.
Do your own dd before buying any stock.
leaf67