odd comparisonSee if you can spot the problem here.
GMV share structure from oct 28, 2010
Outstanding shares 56.5 million
options 3.6 million
warrants 24.3 million
fully diluted 84.5 million
Market value oct 29, 2010
$25,200,000 or 44.5 cents
Projects: 843 square miles of potential gold properties in the north west corner of guyana. Alphonso Property with a technical 43-101 report showing production of alluvial gold.
SMH share structure from June 18, 2010
outstanding shares 71.7 million
options 1.8 million
(not including recent management gift for doing -"insert something here")
warrants 10.6 million
fully diluted 84.1 million
Market value oct 29, 2010
$13,620,000 or 19 cents
Projects: Marudi mountain with a technical 43-101 report identifying a potential of almost 1 million oz of gold. Sardine hill news releases showing historical values of close to 1 million oz of gold. Five star, black banana properties showing significant samplings of gold through news releases in 2008.
is the smh problem,
a) lack of managing a potential bonanza
b) lack of managing a potential bonanza
c) less is more
answer to follow