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Bullboard - Stock Discussion Forum MANICOUAGAN MINERALS INC MCOUF

Metals & Mining Gold

GREY:MCOUF - Post Discussion

MANICOUAGAN MINERALS INC > Share consolidation and trading
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Post by jazzfest on Jun 02, 2014 5:32pm

Share consolidation and trading

Will trading re open with the new structure at 42 cents I think? The float is extremely tight with a 1to 6 share consolidation. Sp might fire away in no time. I heard very good management in place. GLTA
Go flemish gooo
Comment by crossfit11 on Jun 02, 2014 11:38pm
1 to 5 consolidation I believe it is, so hopefully around 35 cents. Some warrants and options due in June and August at higher prices so that is encouraging for a higher share price if they want them exercised. Not sure how tight the float is but Rob McEwen has over 30 million shares. Total # of shares will be over 120 million so a little high for my liking but I think they have a couple million ...more  
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