OTCPK:SPVEF - Post by User
Comment by
Jovicaon Dec 12, 2014 12:27pm
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Post# 23224314
RE:RE:This is how the investors' huge treasury gets robbed
RE:RE:This is how the investors' huge treasury gets robbed I would dump this dog if a new group of suckers bid up stock price to 0.65 level thinking that there will be a low grade mine in Nova Scotia which I say will not happen. If they roll back shares(reverse split) then the bagholders at a higher price will never see their investment money again in a life time. Someone will argue that oh Steven Dean just bought a bunch of shares at 0.32 he would never do it as I don't buy this at all because after a reverse split he or the rest of the insiders will compensate this by issuing more cheap shares for themselves at new lower price. Just take a closer look at all Steven Dean mining plays which have one thing in common a reverse split and have done nothing. If he can come up with a massive dilutive capex funding at 0.10-0.20 range just like all of his mining plays, a share roll back announcement is a sure thing. This failed fertilizer play should have been liquidated at cash value at 0.50 years ago as these current insiders are just too old to do big things for the bagholders.