GDoggy is spot on on imo.
In the old days FNT, shareholders got to join in the CR, but you say back then diluted to buggery?
But now ever since this new deal, which Samcharlotte77 correctly points out INYATI own the leases, they are issuing huge amounts of low ball shares to god knows who ( not LNR shareholders), which just leads to massive dilution, especially doing CRs at 0.003.
you are correct though UFC, this is what happens with minnows with no exploration success, but yeah it is really hard and I just gate seeing these cheap shares constantly sold in market. reminds me of 88e and how they did CR
The only way to stop that is to escrow the cheap 0.003 shares, but then maybe there would be then no takers for the CR who knows
All the best to you GDoggy and your son, hope you guys recover
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53 | 61644228 | 0.002 |
19 | 85923078 | 0.001 |
0 | 0 | 0.000 |
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