TSXV:ART.H - Post by User
Comment by
goldtoeon Jan 23, 2010 8:11pm
289 Views
Post# 16712090
miner49RE: RE: RE: RE: RE: Rolling back the stock
miner49RE: RE: RE: RE: RE: Rolling back the stock
miner49er62.. your very right about this rollback .. talk about down right $rap! A company can't restructure like doing a reverse split on the drop of a hat. It has to be approved by the board and shareholders and it's not something that happens in a few days. Actually everyone would be well aware of what they were doing and have plenty of time to respond to such an event.
Vast does not have alot of shares outstanding when you consider the size of the oil reservoir they could drill into within a few months! Whoever started this rumour new it could cause newer investors to get nervous for NO reason.
There's no reason for managment to even consider such an action at present or even within a few years. A super oil reserve at black mountain would still mean that the s/p could see anywhere from $10 to $20/share!
Folks need to stop listening to posters that are known bashers and are not out for their best interests!
Vast s/p will be heading higher soon.. any company would love to be in the position that Vast/Niko are in right now.
salute