Going to be very difficult to entice investors to buy warrants at this stock price. How are you going to raise money for your drill program Mike? You going to issue 100,000,000 warrants at 2 cents? LMAO, hey it's not management's fault, LMAO.
This is the issue when you have a company with a Board of Directors that are paid consultants. They also do not own enough shares to have skin in the game. Funny that no other mining company or junior minor is even trying to take these guys over with the current market cap of $1.39 million. What does that tell ya!
I have more in my TFSA than Mike´s POS company is worth.
The writing on the wall for this idiot was when he tried to con investors with the visible gold stunt at Grog. No one trusted the idiot from that day on and the stock has declined since. To add, investors can only believe the lab delay BS so many times.
Now the only news they are fed, is BS news about Grog from 2020. MIke F is a true con man. XTT is over. No money to be raised, no one is buying their land or stock or taking them over.
Every investor would support a buyout today at 3 cents to get rid of Mike F.
OH that $500,000 working capital. Let's see how much of that is left. There are many ways to swindle that out of the company and into one's pocket.
All the volume yesterday was sell volume. Again, none of XTT´s management are lining up to buy shares.
XTT listing is a shell and can be sold to another company that wants to be listed on the exchange without going through formal channels. Happens all the time with these Junior mining companies. Mike F will go off and start the process over again and con more investors on his next endeavour.
But things like this have ways of catching up with people. Especially the ring leader.