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Bullboard - Stock Discussion Forum Scottie Resources Corp. V.SCOT

Alternate Symbol(s):  SCTSF

Scottie Resources Corp. (SCOT: TSXV) is a gold and silver exploration company with properties located in the “Golden Triangle” area of British Columbia, Canada. Scottie owns 100% interest in the past producing Scottie Gold Mine which produced 95,426 oz at an average recovered grade of 16.25 g/t gold in the early 1980’s. The Company has a strong retail and institutional shareholder base with... see more

TSXV:SCOT - Post Discussion

Scottie Resources Corp. > Do a Reverse Stock Split
View:
Post by tarsands on Feb 08, 2022 5:56pm

Do a Reverse Stock Split

Would be better in my view.

202.43 / 3 = 67,476,667 shares  and with a Market Cap of 37.45 million , that would mean each shares under that scenario would be priced at .55.5 lets say 55.6 cents.

At that price range more players might take a interest in it.

Better yet do a 4 for 1 reverse split and we would have a little over 56.067 million shares and they would be today at .74 cents.

Much better.
Comment by InspectHerBooby on Feb 09, 2022 3:06am
While you guys dream about stock splits (fantasy) I'll fixate on more findings...(reality)... What if we prove out more OZ AU than Great Bear? What Majors are already circling? I'm happy w $5 - $10 /sh. Dixie Gold is right next to Great Bear & it's 14-16cents also. Barrick gonna STEAL THAT ONE!!! Get Real and get more shares because the story is just heating up.
Comment by roberto146 on Feb 09, 2022 12:54pm
Why not 1 for 10? We'd all be much richer than 1 for 4. Besides that, 1 for 3 gives odd number. /S ... In other news, SCOT has discovered a 50 foot cube of solid gold, 20 feet from surface, saving the trouble of going down hundreds of feet for the rest. Stock price unchanged; analysts say it's too heavy to lift and change their recommendation to HOLD, i.e. don't know. (For crypto fans, ...more  
Comment by InspectHerBooby on Feb 09, 2022 1:12pm
This is THE NEXT GREAT BEAR all we can do is spread the word. I'm around 125Ksh.