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Bullboard - Stock Discussion Forum Rover Critical Minerals Corp. ROVMF


Primary Symbol: V.ROVR

Rover Critical Minerals Corp. is a Canada-based junior mining company specializing in United States and Canadian critical minerals. The Company focuses on advancing exploration at its Let’s Go Lithium (LGL) Project, located near Pahrump, NV. Lithium at the LGL Project is hosted in lakebed claystones within the Amargosa Valley of southwest Nevada. The LGL Project is district-scale in size with... see more

TSXV:ROVR - Post Discussion

Rover Critical Minerals Corp. > RIDDLE ME THIS ....
View:
Post by Wangotango67 on Sep 16, 2022 4:18pm

RIDDLE ME THIS ....

I would think the ( middle zone ) assays are known.
Otherwise - how would they say - and confirm - 800m strike.

I would make that guess and say... gold found outside of sulphides is - the delay.  ( lol )
Which - if at all correct - new found gold outside of sulphides should not delay original assays for the sulphide gold -not quite fair - dragging it this long. Nothing like, drag out the resource size.

What's happened since ?
Stock... remained low... new property pushed thorugh...
And... a big fat question - could the 200k larger investor converted their warrants ?
If so... it would mean more claws in the stock.

Were there warrants ?
200k @ 8 cents = 25 - million shares.
if warrants were given with a 1:1
would that mean ( potential ) 25 - million warrants ?

Wish i had some answers....
Someone should call the company and ask....
Were these warrants being converted ?
Ask... what's our new share count.

If warrants were cashed out - we'lll have all the more outrstanding.
With a new bill to top it off... stil lhave ot pay for - indian lake.
Post is pseculative - but...
what is one to do, when there are no answers.

I fele our price is reflective of, fortune.
Zip code - aside of a stock that's seen it's day of, presure, on price...
Is affecting this stock.

Yet.. .sending ores to fortune - forms a connection - thus.... affecting our stock.
It's... why i said... pull away, and just maybe - we see our own pricepoint move
on the baiss of, higher grade gold, with a potnetial closer road -  russel to other side of, selmon.

Are we investing in the junior...or, is this a chess game where others are shaping what they want.

The cutsie names are - too much.
Lately... i find myself compunding on those names.
You know.. rhymming.

Here to invest...
Release the results...
Lose the cap on the ask.
And perhaps... test all cores for more minerals.

It's like were being - lulled - into submission.
Austin Powers - Nemisis.

Converting warrants - is similar to another pp....
the warrants are converted to shares.
Quick way of, owning more share control.

If ceo.ca says - rover - has 156 million shares outstanding
then... 10% of this = 15.6 million

HYPOTHETICAL - 
25,000,000 ( original at 8 cent placement )
25,000,000 warrants
= 50,000,000 million shares

  156,000,000 current share count
+ 25,000,000
= 175,000,000
x 10%
= 17.5 million ( reportable @ 10% )

if an investor has... 50 million
29%


And this is why i'm interested in - were warrants converted - to common shares ?
If not... then... good.

If so... then, what's our new share count and.... what percentage would/could another own
with warrant conversion... with delatyed assays.

And could warrant conversion at higher striekprices - convert - or do they expire.
If they convert at a higher price  - are the warrants able to convert to common shares at the currewnt price - meaning - acquire all the more shares - due to warrant value is higher vs xurrent share price lower ?

There's your new weekend task... Ford...
Find shareholders some answers.


Cheers....
Comment by fordster on Sep 16, 2022 7:38pm
Wango....I'm guessing those assays are ready, but it serves absolutely no help at this point to release them...gold Jrs are so ignored...so hated that they could release they found a major gold source and it wouldn't budge (that's my own guess that's based on nothing official)...look at Tudor. But the point is, where should a person invest? In an ignored, hated sector because that ...more  
Comment by geolith on Sep 17, 2022 9:24am
FSTR, Sometime short positions are not to later buy the shares back at lower price, but to destroy a company so a buy back isn't necessary. There are a few ways one can fight this, if the regulators continue to allow counterfiting to occur.  1. You can raise the cost by paying dividends (not likely), 2. You can consolidate your shares (less stock available to short, more concentrated ...more  
Comment by fordster on Sep 17, 2022 11:18am
I remember the Overstock situation...I have a hard time putting Game stop in the same category. All the Jr miners are being shorted, granted it's better for a lot of them, but Rover keeps that 100% spot. They take it up some and trade it down some- but it's all fictitious. So if they don't do anything, I've noticed zero volume days. Once again, I take that as a good sign ...more  
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