ESO future If they approve the 1 for 10 share reduction proposed at the annual meeting, the company will have only 13 million shares o/s. If exploration results by FIS are as good as its looks, we may get enough upside so they can raise capital without issuing a crazy number of shares to make it happen.
I have found it difficult not to grab a bunch more shares at 2.5 or 3 cents . 300000 shares will cost only $7500. and after the share change I would have 30000 shares . The issue remains how to view the future of the company. As long as they can finance to cost of maintaining to land base they currently control, I believe it will eventually be a winner.
Toriddog