RE:RE:RE:RE:It’s a drilling update with not resultsThank you sir, I very much appreciate the additional contexts and clarification. Glad to see your response! Regards.
BlueChipper2020 wrote: Minray,
If you read my posts the past few days and prior, I never said the price is not going past $1.95. I said that if the price reaches $1.50, approximately, the market cap value of the company will be the same as the intraday trading high of $1.95 reached August 4th or so. That is because there are now 330M shares o/s vs. about 260M at that time. So if you bought at $1.95 you will have to wait a bit. How long? depends.
If they hit mega high grade similar or even close to hole 2001 and can show good strike etc. , then sooner rather than later if the overall market also turns.
If the upcoming holes are similar to 2002 (wide interval around1gpt), then you will have to be a lot more patient.
GLTA