GREY:JNRRF - Post by User
Post by
ytriguyon Feb 09, 2004 7:50pm
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Post# 7028649
48 million shares not so bad
48 million shares not so badIt's always been in the back of my mind that jnr had too many shares outstanding and this would hold back the rise of the stock price, but what I watched today made me feel a whole lot better.
This diamond play (TAH) has over 160 million shares ourstanding and traded 41 million shares today and went as high as .69 and closed at .57.
If they can reach that price with so many shares than we could conceivably reach 2.00 quite easily with the shares we have outstanding.
I suppose if the discovery(whatever it is) is substantial enough, than that's all that really matters. The buyers will show up.
I keep having the feeling that we're in for some very good news soon. I'd like to think it's more than wishful thinking.
So far patience has been rewarded, so what's a few days, weeks, or even months more to finally hit the big one? Good Luck!