OTCPK:CTNXF - Post by User
Comment by
mapleleafon Jun 11, 2008 8:03pm
357 Views
Post# 15174910
RE: I don't like to seem
RE: I don't like to seemPresaply, I don't want to get into a pissing match with you since I respect your posts on this board; however, if you believe that the stock price hit .20 on it's own accord prior to a big financing, then you are very naive. I've been around this junior stock game for a long time, and I know how the game is played. The financing should have been done at .30 (if the company respected all of its shareholders) because that is where the support was before the whack job occured. The financing was only open to their big investors, so that isn't a bad thing. Dilution at a lower price may see volume come out sooner than later during the upward price movement.
I'm still bullish on their projects, especially in Canada. I'm just annoyed at how the financing was handled. Just remember, "if you are not in the "know", then you are the last one to know!"