Post by
Kram18 on Jul 31, 2024 10:25pm
Red Cloud
Anyone care to comment who Red Cloud is, what they do and, the relationship with VCT. Thanks
Comment by
Pandora on Jul 31, 2024 10:55pm
Reshaping Mining Investment Red Cloud Securities Inc. is the preeminent global mining investment bank providing extensive coverage to explorers, developers, and junior producers. https://redcloudsecurities.com/
Comment by
Kram18 on Aug 01, 2024 9:57am
Thank you. Perhaps my question was too vague. Specific to share purchases, what is the relationship between Red Cliud and VCT? I read that VCT pays Red Cloud a % of shares sold. That is what is confusing to me.
Comment by
Silverad0 on Aug 03, 2024 8:00am
I disagree. Consolidation or Reverse Split is generally a bad move for the shareholder. It's more of a slight of hand attempt by management to make things look better than they are. At the end of the day the shareholder ends up owning a very watered down stock at a higher price while the holding value is lower. BS move in my experience
Comment by
bbowles on Aug 03, 2024 12:17pm
I agree with you and I would be selling all my shares before the consolidation. Or I suppose shorting it. But like I said V-Bond was not in favour. So its not likely to happen. Which is a good thing.