Hi All,
I am not a current share holder but may well be in the future.
@youngblood122 and others, the price may fall a fair bit further if the newly issued forty six million shares are dumped onto the market from the recent acquisition. Reasons below.
1. These share are not to beheld in escrow for a certain amount of time. Can be sold all at once.
2. These shares have not been issued to an investment house, thirty one million of these shares have been issued to a company that needs money to drill (MEI).
3. The company would be smart to issue a capital raising prior to these shares being released onto the market as forty six million shares may affect the share price for a while.
4. Some wise advice from an old blood don't invest heavily in an exploration company that is not drilling. The share price can retrace.
I am heavily invested into nickel stocks and may invest into ttw soon after these shares have been washed through and a clear program is in place. Hope this helps @youngblood122.
Good luck to all.
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