GREY:NEVDQ - Post by User
Comment by
Notgnuon Aug 19, 2021 9:26pm
189 Views
Post# 33737980
RE:RE:RE:RE:NOTGNU
RE:RE:RE:RE:NOTGNU Currently you are buying at about 1/3 of Book Value; and at about 15% of Net Present Value; and at about 20% of Pala's cost average... so maybe you can get it at 1/2 of that or even 1% of that but I doubt it.
Anyway, if I had a big chunk of change drop into my account I would unhesitatingly buy every share I could at this price... Yes, that is just me and I am not advising anyone else to do anything.
N
MarkAble wrote: 25% more dilution in nine months is a heckuva lot of dilution. And there's nothing to say there won't be more dilution. At these low penny stock levels the whole enterprise looks pretty shaky and very risky to me. I thought six cents looked bad back in 2020. Now sub 10 cent closings look like downright scary to me especially given the higher copper prices and further (though at great cost)
infrastructure. It is tempting to jump in and buy at these levels but then again ....maybe not.