GREY:RVRCF - Post by User
Comment by
factRbeston Jun 21, 2018 7:11pm
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Post# 28209503
RE:RE:Gold ounces per share continue to drop
RE:RE:Gold ounces per share continue to dropTaupo65 - (6/21/2018 11:13:48 AM) RE:Gold ounces per share continue to drop
Are you kidding? This was a significant upgrade in resources. The share structure is not good, but there are a lot of other metrics to judge a project by other than share OS. NPV for example - it will improve with the revised FS and there will be value. Sounds like you are just bitter that you perhaps have lost a bit of money on IDM.
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Did you say shares are not important to an investor of a publicly traded company.
Every share printed divides what each is worth.
If what is added with the money is less than what each share was worth then all shares are worth less.
Economic project does not mean good investment (price per share).
Go check Stornaway diamonds they printed a total of 1 billion shares to get to production.
1 penny increase in share price is 10 millions incease in market cap.
I think the shares should be higher but the market does not trust helicopter as he has demonstrated time and time again that he will do financing into strength. the other issue is for some strange reason the short position/trade always pops just before financing.
The market is not stupid but it does feed off of stupid.
After telling everyone "Next gold mine" where is any info of such in all the recent news.
ROB HAS TO GO