Post by
james2001 on May 11, 2017 3:56pm
Float
In one of the videos of the CEO being interviewed at a gold conference the interviewer mentioned
that Marlins float was 5 per cent or 8 t0 9 mil shares.In reality it is probably much less.Any larger blocks as today's 250 thousand must be a ranged through marlin and their market makers so they can keep the share price down til most of the shares are in strong, friendly hands.I do know that one day when they do want the share price to rise , it has the potential to rise faster than my Johnson watching linda e on Dallas in the seventies while on Viagra.
I keep looking for other juniors to invest in and compare them to this company. Few compare when you see that marlin has producing mine, good properties and you will receive shares in a royalty company on a pro rated basis.I sense that investors in this company will start to get very excited in the near future.
Comment by
strikeout54 on May 12, 2017 2:24pm
"it has the potential to rise faster than my Johnson watching linda e on Dallas in the seventies while on Viagra." I always thought TA stood for technical analysis, but I guess T&A means something else for you. Either way, the stock is going higher.
Comment by
DosCervezas on May 15, 2017 8:27pm
That's right, Wexford owns the majority of the shares, and controls everything. It's like investing in a private mining company, although the downside is that Wexford very likely won't care too much about marketing efforts. So the share price might stay weak for a while, even though it deserves to be trading higher!
Comment by
DosCervezas on Oct 17, 2018 5:31pm
Back on Stockhouse after a one-year hiatus, and it looks like I was dead-wrong about Marlin. What a disaster.