RE:RE:One possible explanation I think all the people that had cheap warrants and cheap shares are done with the company. They will all get out and we will have a big drop in SP. They are the same type of groups that can invest very early on and wait. When they see an out they go for it and never look back.
The only question is can you get out and get back in before it goes back up as a normal investor. Everyone saw this go to $4.50 plus and they think it will go there again given time. I hope it does and now I am in the waiting game.
The split out is taken care of and while I thought that was a great thing to hold onto shares to have you are right it makes no sense to do that. If the Triple Point shares come out valued at $X then the value of SALT will go down the same $X amount so basically you are losing 4 times the money.
Hoping management has something to sweeten the appearance of an already top grade future salt mine next week to help neglect that drop. Would be awesome to see a raise up but it doesnt seem able to hold onto any gains anymore so I doubt it.
I thought phase 2 of the feasability study was due out the first half of 2022. Would be nice if that hit next week as they knew the spin out was going to happen long ago.
Thats why i hold my shares. I dont want to be on the outside if and when something big hits.