GREY:LBLTF - Post by User
Post by
Magnum2on May 09, 2020 4:19pm
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Post# 31007596
Definitely potential here
Definitely potential herecould be trading alot higher, but the plain and simple of it is that DM and SZLS are getting the volumes LBL is waning.
Is it cheap at twelve cents last week, yes definitely if they execute as planned, but reality is it is a whole bunch cheaper at 8.5 cents and support is thinning to maintain that level.
We'll see what Monday brings...if this is just more rumors to fend off selling, I'll go on record saying they are only losing credability and they will get plenty of sellers telling them exactly that.
The Alumina Parters credit at will only benefits us if the first $Million goes out the door above the previous 10 cent PP...that means with Aluminas' discount the SP here needs to be North of 13 cents otherwise we dilute in favor of Alumina. From all the posts regarding potential and stem cell Cos. SP here I doubt many would think giving Alumina super cheap shares is beneficial in the long run.
GLTA