Post by
rockoil29 on Jan 30, 2014 10:29pm
Cheap Stock
When at .05cents they had no prospects.As I understand it there will be 24 million shares O/S after the consolidation .At $1.20 a share . I my experience a consolidation is usually not a good thing .however that said this management team has assembled some very nice properties. Market cap of $29 is cheap . When trading at .05 they really had nothing.
Comment by
RTWODTWO on Feb 13, 2014 1:24pm
Current sp is somewhat true valuation for now.. I want more! :D They consolidate for success. Most mining share get rolled back because they have failed to create value with all their private placements. This consolidation is to tighten up the share base. If sp will trade at premium this will turn out to an golden egg. All management need to do now is deliver.