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Xmet Inc XMTTF

XMet Inc is a mining exploration company. The company engages in the exploration of its Canadian mineral properties in the provinces of Quebec and Ontario. Its property portfolio includes Grasset Property located in the northern part of the Abitibi greenstone belt, west of Matagami, Quebec; Authier Property located mainly in Poularies and Privat townships in the western Abitibi Region of Quebec and the Blackflake Property.


GREY:XMTTF - Post by User

Bullboard Posts
Comment by ss1867on Jun 03, 2014 2:17pm
107 Views
Post# 22625745

RE:RE:LEVEL 2 - 11:45 ALBERTA TIME

RE:RE:LEVEL 2 - 11:45 ALBERTA TIME
invertedhammer wrote:
ss1867, I'm curious to know how the risk is lessened because of the stock price. If things don't work out as planned... will investors lose less because the stock was only .04 when they bought it? It would seem that the risk is higher since it doesn't give you as much room to get out as say a .40 cent stock. Get what I'm saying? A 4 cent stock trades in half cent increments which means... if it's going down, you will have to sell at a minimum 12.5% loss. On the other hand if the stock was bought at .40/share and it starts to go down, you have a chance to get out with minimal losses of only one half percent. See what I'm saying?  So, as far as I can tell, the stock with the most risk is the .04 cent stock, imo.
Two sides to every coin - Good point and well stated,

Bullboard Posts