OTCPK:CRZNF - Post by User
Post by
bullsnipon Apr 22, 2017 3:53pm
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Post# 26153141
Reverse Split
Reverse SplitIt is will happen, just a matter of time.Haven't heard how the operational financing will be done for this year. Should happen in late June. If they do the same amount as last year, around $12,000,000, they will add another 40 million outstanding shares, that will put them well over 300,000,000 shares. You can't be sure that they will be able to find anyone who will put up that kind of money for this year without a reverse share split being done, the way things have been going with the current Trudeau Park negotiations. What happens if the all season highway permitting is refused? A lot of risk here for potential buyers and stand fast holders.