Post by
astrorbit on Feb 02, 2023 4:01pm
Split or Splat?
Ceo mentions splitting company.Premature? Unless there is a major with intentions this seems like a way to go to zero.
Taking into account that the discoveries are early and not really confirmed it seems way to early and timed bad.
Making orphan companies and more overhead when share price is diving.
$3million left. Dilution monster is coming.
Missed Jan end for all results.(not a surprise)
It is a sell on news for sure.
May is the planned restart for drilling(snow pack is lower than last year)
Results OCT?
Mclymont is the short term play.Burgundy is the long term.
If all results aren't out by FEB they will probably be shadowed.
Wonder if mclymont will provide some sort of infusion but doesn't seem likely at this time.
The reaction of the share price appears to be "splat"
Might as well go to .05cents and then the risk/reward will be greatly improved.
Comment by
ernesto47 on Mar 08, 2023 7:10am
How nice, split a sh.t company just means....with two, you can milk two, you can learn that from many other splitters, just checkout SASY!!! Now three cos are running in favour of the mangements! Just great to have threed your salary! Milking the investors, that's all that is!!!!!!!!!!!!!!!!!!