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Ann: Exploration Update 100% Owned Projects - Progress Results, page-53

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poundstretcher

307 Posts.

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11/10/20

08:19

Post #: 48003096
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Originally posted by poundstretcher: ↑

Any holder who has held this stock over a number of years since it was ABM, will have realized it was constantly diluted until there were around $4 Billion shares. The company then decided it was time to consolidate the shares to a much lesser amount, this resulted in another big loss for the share holder.
Interesting that after consolidation the comparative price to pre consolidation should have been somewhere around the equivalent of $1.75c per share.
Well here we are sitting on a stock now hovering in the 5c range with the company giving regular permission to constantly fund raise and dilute to the maximum amount allowed. Perhaps eventually heading towards such an amount that another consolidation may not be out of the question.
All this done while gold prices offer the best ever profit margins, sadly the fund raisers seem to offer little forward motion apart from an healthy balance to cover admin and directors costs and fees.

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Please ignore the $ sign in front of the 4 billion, I was thinking of my overdraft

PRX Price at posting: 4.6¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 0.2¢		Change 0.000(0.00%)		Mkt cap ! $4.664M

Open	High	Low	Value	Volume
0.1¢	0.2¢	0.1¢	$853	433.9K

Buyers (Bids)

No.	Vol.	Price($)
38	108406420	0.1¢

Sellers (Offers)

Price($)	Vol.	No.
0.2¢	3674164	4

View Market Depth

No.	Vol.	Price($)
38	108406420	0.001
0	0	0.000
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.002	3674164	4
0.003	23830389	20
0.004	5055526	7
0.005	889000	1
0.007	540000	1

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