RE:Step Back To See The Forest Step Back To See The Forest
Blue,,, I like your comparison of Integra share count of 400 million shares with that of another miner (Miner A) who has only 200 million shares.
.
One problem,,,, Integra is not a producer at the moment, we are trading as a advanced exploration company on the TSX. One of things investors look at is the number of shares outstanding,, and now the 400 million shares Integra has out is now a factor in the share price.
.
Integra is trading at a 20% discount to where it should be, because of the number of shares out, but studies have shown in Integra’s case this could be negated buy a small 1 for 2 share or 1 for 3 consolidation, this would get us back under 200 million shares.
.
It’s all good,, Integra’s Lamaque project will be worth more next year then the $120 million market cap that we have today.
.
M2
.
PS
Not posting the study, most here think Integra would fall back to .20 after a small rollback,, even after all the work done at the Triangle Zone ?
.