Post by
hedger on Jan 22, 2021 12:04pm
Waves Of Selling.......WAR.....
Again reiterate there is just too many shares O/S.....117 million fully diluted. With this continual dump there seems no way for the stock price to move from the .09-.10 level with any substance. It is going to take some excellent drill results to see any major price move in the next months. With 9% insider shares there leaves a lot "out there".
There was obviously a lack of enthusiam in the last financing for this project so would hope management is vigilant on funds spent, did we need a corporate development officer? We need every dollar to go for drilling at this point or we will be financing next at .05?