EXPM:HRTFF - Post by User
Comment by
Weebleon Oct 07, 2018 5:13pm
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Post# 28760174
RE:Over 600m S/O
RE:Over 600m S/O How can you have an opinion of where the stock price is going to go when it is obvious you haven't done any due diligence by asking questions which are easily answered by going to the company website?
And the 600m shares means nothing to me. They will eventually roll them back and consolidate once we become a stable producing mine. It happens with juniors all the time. Unlike a company that is consolidating share counts to survive and stay on an exchange, in this case it will be consolidating to enter the next stage. It is actually a good sign of a maturing company but few get the difference. When it happens, the usual suspects will scream that this is bad but the higher SP will attract more money from the funds who aren't allowed to invest in penny stocks and then we will just go higher. If you don't believe me, look at Torex. It gained more than 50% right after it's share consolidation in June 2016. Some of the stockhouse posters at the time made it sound like the end of the world.