GREY:RVRCF - Post by User
Post by
factRbeston Jan 22, 2018 9:51am
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Post# 27407244
A little recap in Helicopter Rob's own words
A little recap in Helicopter Rob's own wordsPosted April 26, 2017
https://www.stockhouse.com/companies/bullboard?symbol=v.idm&postid=26167119 Wow from this article
https://www.northernminer.com/news/site-visit-idm-mining-pursues-dual-upside-red-mountain-nw-b-c/1003782420/ From the Article
The writer asking, concerned about dilution IDM’s relative ease in raising capital over the past year has resulted in equity dilution. The company had a relatively high 283 million shares outstanding at press time, and closed at 14¢ per share for a $40-million market capitalization.
IDM has traded within a 52-week range of 6¢ to 26¢ per share.
McLeod characterized IDM’s current capital structure as “not a major issue” but said it would be “something to watch moving forward” as the company sets its sights on beginning preliminary production at Red Mountain by 2018.
So he got the FD OS up to 493 million. Sure was something to watch.
Maybe the dragon can comment since he owns a good chunk and has bought recently.
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THAT WAS APRIL 2017
THE FULLY DILUTED IS NOW 524 MILLION SHARES
So at 283 million shares Helicopter ROB said there was no worries
Ran it to 493 million shares
and now added again to bring it to 524 million shares
When you ask was the article posted
Posted By: Matthew Keevil January 11, 2017 Volume 103 Number 2 January 23 – February 5, 2017
HOW MUCH GOLD WAS ADDED TO THE RESOURCE IN THIS SAME?????
Evil you think you can clear a stack of 524 million share certificates?????
Vroooom Vroooom!!!!!!!
FYI: Just regular paper that jump would be 176,000 FT and share certs are thicker.