SMM 0.00% 0.3¢ somerset minerals limited

Trading halt for CR. Who woulda guessed?What a f*ing dog stock...

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  1. 180 Posts.
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    Trading halt for CR. Who woulda guessed?
    What a f*ing dog stock this is.

    Since IPO this company has been in a repeating downward spiraling cycle.

    Drill, pump up with visible gold, results are a dangling carrot for CR, release average results, promise MRE, winter comes, 6 month wait, share price falls 50%

    Drill, pump up with visible gold, results are a dangling carrot for CR, release average results, promise MRE, winter comes, 6 month wait, share price falls 50%

    rinse and repeat.

    how many millions of shares have been issued in the last 3 years? How much dilution have share holders sustained?
    where are we as a company?

    Here we are at 6c.
    I see 3c on the horizon and probably a consolidation to allow the company to continue rinsing share holders while collecting a fat pay check.

    I hope I'm wrong.





 
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