RE:letting the stock go to $0.015 on less than 100,000 sharesHiya ValueTraderVic!!! I hope YOU are having the BEST day!!!!
Thingz look quiet wobbly for Morro Bay Resources huh??? New 52 week low low this week at 1.5 cents is a LOOOONG way from 10 cents in February huh??? Lots of people dumpin stocks and stuff. Only a couple more weeks to 25 centz tho rite???
[img]https://app.quotemedia.com/quotetools/getChart?webmasterId=101442&symbol=V.MRB&chscale=3m"eBox=true&chtype=FinancialCandleStick&chwid=600&chhig=350&chfill=657d93&chfill2=657d93&chln=657d93&chpccol=ff0000&chfrmon=false&chton=false&chpcon=true[/img]
If you take a lookat Copper fox metals and Boxxer Gold corp where Elmer Stewert is CEO and President
and Director you mite wince to think and think that Elmer Stewert being a Director of Morro Bay Resources huh??? BOTH of those companies stocks are going down and down and down. Poor Boxxer is at like only 3 centz and not to much cash on hand rite now :(
[imghttps://stockcharts.com/c-sc/sc?s=CUU.V&p=D&yr=3&mn=0&dy=0&i=t17423146513&r=1397859315268[/img]
Maybe alllll those oil and gas and energy guyz in Morro Bay Resources managment will find oil or SOMETHING at El Capitan or SOMETHING huh??? I dunno. Should get drilling results in next fewe weeks or SOMETHING. It must be hard for a company that has only a option in a property and using up all availible cash just to earn only a 51% stake in that property for stock price to go up before their is ANY kindof ANYTHING concrete for a asset and stuff.
Then their is the 12 MILLION shares they gave to Siera Madre shareholderz that become available to sell and stuff from 4 months they where distributed to shareholderz. I think it is MAY 2014 when they become avalible and stuff. Hopefully they do NOT sell in MAY and go AWAY huh???
But hey MAYBE the drill results will be okay and they will earn the 51% intrist in the property before they haveto dilute for more and more financing and stuff. I dunno. Almost 52 MILLION shares outstanding already and thingz are only beginin to. That is quiet a lot of shares huh???
Shure will be intristing to watch huh???
Have the BEST day ValueTraderVic!!!! YEAH!!!! ^_^