well said.
my fear is they are repeating the same thing again. they are already 1/3 of the way back to the 32billion shares they had on issue.
the more you look into gold miners on stock markets most people say they are a scam . i just wish i knew what i know now back before i dropped 20k into this turd heap
i believe for the SP to start moving a lot of shares need to be purchased
and when buyers see charts like this when they open the depth view of clz they go WTF .
nearly 2 billion shares for sale at 0.1cent cause that is what i did when i just opened it.
there was only 1.5billion at the start of the week..
also remember they still have over 15million dollars they can issue shares to LDA
i see a lot of people taking about MC and i believe its bs . just because they have 9 billion shares dont mean they have a market cap of 9 million. just remember after the consolidation when they had 250million shares they had a MC of close to 34million .
i believe MC should be based on shares that have actually been bought and held not on total number of shares. cause i would love to see real numbers of how many people are holding the shares vs buy and selling them
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