Ann: Release of Securities from Voluntary Escrow, page-196

  1. 1,932 Posts.
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    yeah i agree it goes both ways. I have corrected people who say we have a resource just the same as i am correcting old mate saying we have 2.2billion shares on issue.
    What we have is 8 drill holes reported and a sub 20 mill market cap, i dont see this as being out of control in any way. If and when shareholder value is created by drilling confirmation, a maiden resource etc etc, the share registry will grow and investors can buy, sell and hold accordingly. It can also go the other way, assays can miss, hms price can dive, bod can start getting greedy.

    What im taking issue with here is 2ic grandstanding round saying the sky is falling with the 2.2b shares and various other scare tactics. Tenement is covered by populated areas, vendors likely have tactics in play to sell under the radar etc.

    ramping goes both ways. Aswell as uprampers misleading not so savvy buyers into thinking this is a golden ticket, downrampers also strategically come out of nowhere and bombard threads with seemingly good willed posts to get not so savvy holders into selling their shares out of fear. 2ic is on his high horse here, in reality he is as bad as the worst upramper here. Its a spec, with plenty of good news to come, a sub 20 mil market cap.
 
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