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Pinestar Gold Inc. V.PNS



TSXV:PNS - Post by User

Comment by dataman69on Mar 09, 2011 9:10am
297 Views
Post# 18256769

RE: RE: all time high today@.35

RE: RE: all time high today@.35PP....Private Placement

these little companies always need more cash

with a float this tight they can take the share price to whatever they want

so......say they take it to  .50

then sell 5 mil shares to the public at .40 in a placement

everybody is happy

assays come out good

everybody is even happier as the share price hits $1

assays come out bad

everybody not so happy


later



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