GREY:RBGCF - Post Discussion
Post by
caldernet on May 08, 2012 1:24pm
Darn - I was right
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=30978072&l=0&r=0&s=RBG&t=LIST
...except that they'll be issuing 5 million at 40c, not 18 million new shares at 30c.
(Fun fact: I had to replace "d*mn" with "darn" to post this.)
_____ What I previously wrote _____
We'll probably find out that they need a boatload of money to get at this gold and will need to do a 10-1 consolidation bring the number of outstanding shares from 182,000,000 to 18,200,000 and the stock price up to 0.40
Then they'll do a private placement of 18,000,000 new shares at 0.30.
I should probably kick myself for not selling at 5 cents.
Am I being too cynical?
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