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Bullboard - Stock Discussion Forum Tectonic Metals Inc V.TECT

Alternate Symbol(s):  TETOF

Tectonic Metals Inc. is a Canada-based gold exploration company, The Company's principal business activities include the identification, acquisition, and exploration of mineral properties primarily in the United States and Canada. Its projects include Tibbs Gold and Flat Gold. The Tibbs project is located in the Goodpaster Mining District, approximately 175 kilometers (km) southeast of... see more

TSXV:TECT - Post Discussion

Tectonic Metals Inc > High share count
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Post by toller1 on Dec 02, 2023 8:44am

High share count

This could be an exciting play, but I will wait until they do a consolidation of shares. They will need to raise capital many more times to drill this thing out. The share count is already much too high and they haven't proved anything yet. Someone on here said they asked the ceo that very question about a reverse split. What was his response? There's nothing worse then seeing your number of shares being reduced by a factor of ten. Believe me folks a reverse split is inevitable.
Comment by swanky on Feb 28, 2024 5:33pm
i agree that consolidation might happen thats why i asked if they could bring in a partner.if they are going to consolidate now would be good time as we are way down so sub penny for dilution  then they will consolidate..bring in a partner tony..i think 25 to 50 million would prove it out for massive interest
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