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Bullboard - Stock Discussion Forum Q2 Metals Corp V.QTWO

Alternate Symbol(s):  QUEXF

Q2 Metals Corp. is a Canadian mineral exploration company. The Company is focused on unlocking its portfolio of lithium projects in the Eeyou Istchee James Bay region of Quebec, Canada. The Company owns 100% interests in Mia Lithium Property and the Cisco Lithium Property. The Mia Lithium Property is comprised of 171 mineral claims, located 62 kilometers (kms) East of Wemindji Community in the... see more

TSXV:QTWO - Post Discussion

Q2 Metals Corp > lost shares is this legal
View:
Post by GHOSTTRADER187 on Feb 14, 2022 5:36pm

lost shares is this legal

twice now i have lost share went from 100 000 to 14285 now another drop to 2857 shares at a cost of 1.50 a share i only paid 4 cents a share when i bought 100,000 shares  can anyone explain how this is happening and is it legal to steal shares  THXS
Comment by bluemoons20 on Mar 03, 2022 10:47am
This is why can happen in the market , especially with resource stocks. They sell shares to finance projects. If they do not find anything good, they sell more shares - usually at a lower price. Once the number of shares outstanding are high they consolidate the number of shares. For example if the company had 100,000,000 shares out they might issue new shares on a say 1 for 10 basis so the total ...more  
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