GREY:VITFF - Post by User
Comment by
Armcorpon Mar 10, 2018 6:07pm
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Post# 27697823
RE:RE:Sun Valley selling shares
RE:RE:Sun Valley selling sharessome 800 million shares at 0.42 is a market cap of about 330 million. That includes the 125 million from the pp. not bad for a new producing mine. You would expect a run up in price once (if) the mine enters decent production, or even before. A nice bump usually occurs once construction is over if it goes well.. A reverse split wil certainly occur, but might be a good thing rather than a bad sign, since it will raise the sp to investment grade or thereabouts...if the stars align you never know, a takeout could occur too....