TSXV:WMG.H - Post by User
Comment by
Sherry35on Feb 24, 2021 2:51pm
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Post# 32649172
RE:And down she goes
RE:And down she goes The PP will close when the investor, or investors, have accumulated enough proceeds, from the ongoing dumping, to reinvest into the PP.
I predict a reverse split to attract a instiutional investors, and then a possible listing on the TSX once the NV mine goes into production. If the new mouse trap (pilot plant) works, they can move the mouse trap to NV to start generating revenue. But this will require more money - more dilution.
On aside, mining the Mg ore will use a quarry technic based on a historical discussion with charirman. No specialized mining equipment will be required. CAPITAL will be required.
My entry point will be based primarily on: 1) the mouse trap working 2) reverse split. 3) mine plan. Given 90% of all reverse splits result in a pullback, that will be my entry point.