Post by
Wangotango67 on May 23, 2024 2:01pm
PERFORMANCE
Take a few days to go fishing and.... amazing how the consolodation subject surfaces.
Did the recent MD&A mention Consolo ?
Why was the recent PP pushed through if consolo was on anothers mind ?
200:1 ????
Can smaller shareholders apply a " track record performance " for the past 8 yrs ?
What would be the performance rating - did the PP's add more value for shareholders ?
Heywood ( quote )
A stock split (whether regular or reverse) is in theory a maneuver that has zero effect to the price of the stock.
It would have an effect if a buyout were in the mix.
Example - 1,000,000 million shares @ $0.10 cent average = $100,000
200:1 = 5000 after consolo
Major comes along offers $10 / share
= $50,000
$10 per share looks wonderful in a press release yet, the shareholder example
above lost 1/2 it's value.
It would require $20 share to break even.
Versus no consolo -
1,000,000 shares @ ( $1 or $2.50 ) affords the common shareholder to take part
in the deposits value.
Wellgreen,
Based on former 2016 crew ( video ) stated deposit is drilled out.
Let's get the teenager out of the house.
Wellgreen, is not your typical nickel deposit.
There's far more minerals with in.
2023 PFS could easily be revamped - plats pulled out of magnetite, magnetite credit,
exotics included, stick to single bulk con, and much more...
2 busy to think...
Debate me ? lol
You've had how long to debate each of my posts ?
Instead... you chose to act the ( ).
Shall i research the Wellgreen all the more ?
What would i find ?
Just maybe i have already.
A 200:1 consolo would fly....
But it would require a major who is interested and whose own stock value is ^^^^
and a 1:1 merger into the majors stock.
503,000,000 common shaes out
~ 200:1
= 2,515,000 ( outstanding share example )
Let's see this 200:1 consolo circluar.
Maybe post it on the bullboard ?
Perhaps more should be revealed ( like ) is there an interested party ?
If not.... then, 200:1 is pretty nasty.
Which brings the subject full circle to - performance.
Have the PP's added value to shareholders vs no value ...?
Excluse spot price excuse and include the path - pfs.