OTCQX:GTBAF - Post by User
Comment by
tbnorthstaron Sep 03, 2019 7:09pm
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Post# 30092377
RE:RE:Think a tight structure can be a blessing and a curse !
RE:RE:Think a tight structure can be a blessing and a curse !ROIHunter wrote: Hi Go,
I disagree. I think you are overthinking things.
1) when stock go up liquidity is created, because there are always shareholders who will sell some or all of their positon as the price rises.
2) the problem is easy to fix as you indicated, the stock can be split.
3) the company can always do a pp at higher stock prices and bring in institutional investors who are chomping at the bit. this only happens when a stock is rising.
4) the drill will ultimately determine the price and we are only beginning to drill.
5) even using Fulp's low ball number of $US 90 per 1 million oz ($C 120/oz) we are only in the range of about 3 million ozs. It seems to me that GBR has that covered easily, but time will tell.
6) stocks with liquidity issues are generally going down.
Stay positive, sell a bit, spend some money enjoy
Stock while not a take out candidate quite yet is still getting a sniff or two from majors. They have to keep an eye on these types of plays.