RE: Useless pumping at other boards imo
Liquidity is not the key my friend.
The key is having strategic partners, having 68 m in the bank, a staged path to production an offtake agreement and the most experienced management team by miles if any junior potash company.
Why would any shareholder of Krn want to swap any of the above and the admitted lack of liquidity in the stock for a stock like EPO or Wpx that has plenty of liquidity but also has little or no money in the bank, no strategic partners and a management team with zero potash mining experience.
I will gladly stay here in Krn, and I couldn't care less if the stock doesn't trade a share in a day, weeks or months.
IMHO this is a ten bagger from here.
Do you think GFSC knew that the stock was illiquid before they committed $60?
Are they looking to sell even one of their 5.5 million shares?
What about the institutions that own 55% of Krn. Do they realize the stock is illiquid?
Are the institutional investors that own a whopping 2.5% and 1.6% of Wpx and EPO delighted with the liquidity and glad they aren't "stuck" in a company Like Karnalyte with its management team, strategic partner and cash balance.
I'm sure that why the institutions were so confident in holding investments totalling approx $2.2 million and $ 1.4 million in shares in Wpx and EPO.
Not exactly Huge figures, I'm sure you will agree, and it obviously speaks volumes for how institutions view the respective management teams and projects.
Now compare that to Krn where institutions hold about $100 million of stock and management hold about another $30 million or so.
Doses that not tell you something retiring young?
The writing is on the wall my friend, but unfortunately you appear to have the lights off and your eyes closed so you can't see it.