Shares Outstanding
Hey Gang,
I am not a large shareholder like some here as I only have 35,000 shares @.47 cents. However, I have to state a few things relating to Junior exploration companies:
1. Sometimes shares outstanding means little. It comes down to drill results. Take AVR (Avion Gold) on the TSX. They have 371,000 shares outstanding. I bought in September @ .61. Friday it closed at $1.55 from a boat load of good drill results the past few months. I am not saying shares outstanding is a good thing, BUT good drill results will move the share price higher regardless. So bring on good drill results and positive company secisions going forward and the price will move higher!
2. ALL THESE VENTURE STOCKS ARE HIGH RISK PERIOD. IF YOU DON'T WANT THE REWARD - DON'T RISK.... AND LET US RISK TAKERS CONTINUE TO PILE ON PROFITS.
The end