Well my experience with consolidation is not that great, Just a couple that I was involved in, Dioro restructure 1:14 in 2008 was 19c at date recon IE = to $2.66 now as of 5/1/09 31c and they have a shit load of gold and are producing!!!
Then their is Poseidon consolidation 1:10 in 2007 s/p was then 75c now 5/1/09 37c and I am sure there are many more stories out there
That's why I am against the consolidation and i will be voting NO
RES Price at posting:
68.0¢ Sentiment: Hold Disclosure: Held