RE:Another Pump and DumpI would agree valuation is high by normal Canadian standards. BUT... smart and institutional money is oversubscribed over $12 million at $0.55 tells me they see something a lot different than you do. And everything has been free trading for over a month - whoever was in there is out now judging by the price/volume activity over that timeframe. So if your valuing based on old financial data (old in this case is a couple months with the speed the company is moving at) you're probably missing the correct valuation. Who knows only time will tell.
If you will be posting a "much better and lower risk play out there" because your pumping something else on this forum please save your pump message as this is actually one of the only clean forums on stockhouse. Thanks