RE:news out this morningOK results as usual.
From 60MM to 300MM shares ( in 4 1/2 years (350MM fully diluted). Share price then about the same as now. I guess if you're an optimist you could say the market cap has increased by 400%.
Alternatively, the share price would be 5x as high, but it does take money to drill.
...
As a side note has anyone noticed that SH shows Total Shares less than Shares Out on every stock?
Currently for SCOT, it shows 241MM Total and 277MM Out. Presumably when SH updates for this financing they'll show about 263MM Total and about 300MM Out.
Insiders, including Sprott, hold about 40MM but it seems to me if insider holdings are considered as not available for the market that the share count designations are reversed.