As a long time holder all I see is all the upside being diluted away. Sure it’ll go higher into drilling but the good old days of thinking this was an easy 10c stock are long gone IMO after all these share issues. I suspect there will be another cap raising for 2-3 million during drilling. Who knows after that.....
With nearly 4 billion bits of paper it’ll have a market cap of 80 million at 2c. Yet they’ve only got 2000 acres worth 20k an acre.
As a long time holder all I see is all the upside being diluted...
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