Post by
stargazer1 on Sep 10, 2024 12:51pm
My point is
Several days ago someone asked why our stock was falling even though gold was climbing.
I pointed out that the company had received permission to issue hundreds of millions of shares of stock.
My point is that it doesn't matter what the company does with its approval to issue more stock. If gold and silver keep climbing, they may not issue any additional stock. Or they might issue millions. Who knows?
It doesn't matter what they end up doing.
People see it as a dilution ... even if it isn't.
You don't need to look any further than what is happening today.
Gold is climbing strongly and our stock is falling.
That is reality.
Comment by
ErinBrockovich on Sep 10, 2024 1:30pm
The more important topic is the FED. Rate cuts are coming. This is why gold and silver are high, even if pulled back from recent highs. Wait.