Post by
Matt666777 on Oct 14, 2024 3:07pm
Seen this before, fork in the road
I've been here before when looking at a stock like Fni that has dropped down to an attractively cheap $0.035/share level.
2 usual outcomes are either a reverse split (5:1 on average) and maybe it recovers after that.....or the stock rips higher to everyone's shock and confusion. I've seen "duds" rise up in everyone's faces despite 99% negative sentiment, anything goes in this industry. If there was ever a time to gamble, it's now.
Comment by
4marlin on Oct 15, 2024 10:03am
The hurdle is to raise funds and clearly they are struggling to so do. Great potential (arguably with gold too) but without $.......... Bb
Comment by
Matt666777 on Oct 15, 2024 5:10pm
If they come up with even 1 decent gold grade drill hole, that should make all the difference.