TSXV:ELVT.H - Post by User
Comment by
ubiquitousmanon Mar 07, 2022 9:04pm
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Post# 34493360
RE:RE:RE:Massive massive dilutuion
RE:RE:RE:Massive massive dilutuionIn the last 12 months while gold has risen 33% the management team here has driven the stock price down 80%. this can be described in no other terms than a "total failure". If warrants are
exercised we are looking at something like a 60% increase in shares, shares sold at the very bottom while gold is at $2000. this team has completely failed to keep shareholders abreast of what their plans are and how they are progressing towards accomplishing (or in our case NOT ACCOMPLISHING) their plans. Again I fault myself for not exiting my entire position months ago.
I got too hung up on a low market cap for a company with production and seemingly a lot of upside as regards increasing reserves. Oh well, can't win them all , but a major A** whipping never feels good. Caryy on!