Post by
Bailiwick on Sep 27, 2017 3:15pm
Consolidation
Just great
so again the loyal holders are going to end up on the wrong side
for example
you have a current holding at say 8c
we would all be happy at a take out at say 25c or more
now?????
2.50 to give us the same return?
never going to happen
Comment by
BASTILLEDAY4U on Sep 27, 2017 3:28pm
True, but if a stock ain't worth holding at 2.50, is it worth holding at 25 cents? If this gets rolled back at 1:10, for 80 cents, you could own for example, Metanor, an actual gold producer with revenue and likely a profit after the next quarter is out, as opposed to this stock, with little or no revenue, only wishful thinking.
Comment by
Bailiwick on Sep 27, 2017 3:39pm
Indeed can't disagree no doubt I will be looking for a new home for my holding as I said - they will use this resource update and that's when I need to be ready whatever happened to companies being run by management who truly cared about the shareholders? just another example of our society and moral code going to oblivion
Comment by
BASTILLEDAY4U on Sep 27, 2017 3:49pm
https://www.bloomberg.com/news/articles/2017-09-26/billionaire-paulson-takes-fight-to-gold-ceos-he-calls-overpaid