RE:RE:58Can't believe people want a consolidation. I agree they never seem to work and are never in favor of the shareholder. A 15 to 1 consolidation means the Euro Pacific target of $1.50 has to be $22. Like that is ever going to happen.
Most people bought this stock and have held for years waiting to make a profit, some have average down due to pathetic price, hoping to sell at $2 or $3 on a run up or FDA approval. That dream may never happen, a $2 pre consolidated price has to hit $30 to realize the same gain. I don't think that will ever happen, but I could be wrong . Another way to look at it is for every $1.50 gain in price after consolidation is equal to a 10 cent pre consolidated move in price. I can't see how this benefits the shareholder. I also believe we are powerless to stop this from happening if the company wants to go forward with it. Looks like we are going to get screwed again.