RE:RE:He gets the shares at 0.05 the lowest possible ....Red , much respect for your trust , but difficult times to come .
Only 12 months ago , gerald got cad 4.3 mil for 17 mil shares . What's the result ?
And now an incredible 50 mil shares for cad 2.3 mil !
Let's say a pfs is coming for a 100 koz prod. It needs at the very very very best usd 100 mil .
Let'say 20 mil for a Sprott stream ( he is not there for nothing trust me ). It remains usd 80 mil to find With a usd16 mil mcap company BEFORE the actual dil and without any treasury
, imagine the future dilution !! Bilion is coming .
You never dilute at the rock bottom .
Gerald ( from memory ) has round 4 mil shares at 0.2 with lot of energy spent while sprout is getting 10..20 40 mil shares at 0.05 doing nothing !! How can he tolerate this ?
I hope to be wrong . But if you are unable to defend your stock you are toasted .