RE:Why so low makes no sense to meGenHandgrenade wrote: According to their most recent financials CO lists their value (cash investments and property) at around 11 million. With 187 million shares out gives CO a value of around .06 cents a share. You would think that this company would be worth at least .06 even valuing speculation of future discoveries at 0. Yet we are at .015 so weird.
MM Asset Management Inc. would be the ones shorting this.
They own over 19 million shares and 12 million warrants @ 40 cents.
So there in control of this along with some other hedge funds types.