RE:RE:when is the reverse split ?Never say never I suppose, but Keith has been adamant that there will be absolutely no consolidation. He has said a few times that a high share count is good for liquidity later on when more institutional investors start buying. Anything could certainly happen but I wouldn't bank on a reverse split. Remember that Keith was a stock broker long before he moved into the mining industry. I imagine that he has a pretty good understanding of how markets work and in this case I'm of the belief that he's thinking strategically. Time will tell. GLTA
minefan wrote: Probabity of a reverse split in the future? I would say likely. For me I took that likelyhood into mind when adding significantly to my holdings this week.
Many feel that those circumstances seldom work for long time shareholders.
In this case I think it might be a good thing.
Timing of course would be paramount.
I have confidence in this management team and I am sure they will do what is best for the company as a whole.
Lets keep in mind that they too hold a stake in this play and that may have some impact on going forward.
At this point I may even add again to my position in the coming weeks..
Just need to free up more cash.