Updated Resource Interesting when a reverse split happens the phsycology of the buyer is that he is not going to pay $1.80 for a 30 cent stock even though the float has been reduced by 6x...people dont look at market cap. The goal of this management team was to keep drilling....dont worry about the name change of the company and dont worry about how many shares. Those are distractions and if the plan for proving up a great resource is successful the name of the company will really change!!... and look completely different like...Kirkland Lake and the share price will also be different like $55....when your shares are converted into a nice fraction of that $55