RE:RE:Finally Generally speaking, I agree. Retail investors generally get screwed over by share consolidations.
But there are always exceptions. I've actually experienced two - Luna Gold (LGC) and Jaguar Mining (JAG). My LGC shares have since become Equinox Gold shares (EQX), which have resulted in additional spin-off shares of Solaris Resources (SLS). I have made a lot of money with both. JAG has also done just fine since.
I've posted here long enough for everyone to know how I feel about Goldsource Mines. The many positive operational developments and achievements made by the company over the past number of years, and in particular, over the past number of months, simply can not be overlooked or denied.
Now the new tight share structure can finally allow serious players (big institutional funds and banks) to become involved, and to take GXS to the kind of significant upside valuations many of us longs have been waiting for - and not based on hype, but sound operational fundamentals.
Goldsource Mines is truly getting closer to becoming a significant positive cash flowing gold producer. And judging by the continued success of their on-going drill program, the Eagle Mountain Gold Project is demonstrating further growth in size and scalability.
Big players want in here. This is already a done deal. Oversubscribed. Let the games begin.
GLTA