GSF gsf corporation limited

would it make you all feel better if we do a 10 for 1...

  1. 17,373 Posts.
    lightbulb Created with Sketch. 657
    would it make you all feel better if we do a 10 for 1 consolidation ?? then we would have only 100million shares at 91c a share. Would that sound more like a CDU ??

    Honestly, investors need to understand that it is not about the number of shares on issue but more so the market cap. And probably even more to the point the value equation between market cap and what the company has in assets. Market cap is currently only around 41 mill. With the full dilution it's still under a hundred mill.....We are NOT talking about a billion dollar speccie here. And in regards to assets the company has ground in what is known to be amongst the richest copper territory in the world. And that's not to mention gold, cobalt and uranium.

    The anecdotal evidence we are hearing on HC is that the resource is HUGE. Of course it would not be diligent of any of us to just accept the word of another poster. But what about the chart. Have a look at the way the stock has been appreciating and on high volume. Someone is accumulating big time.

    As for the timing of the report I'm sure the company would have loved to have dropped a blockbuster report in our laps the day before the AGM. That would have been a fairytale. I'm sure they would have been aiming for that. Unfortunately exploration programes can be tricky things and as much as everyone wants it to be ready perhaps that was just not possible. It will be out when it's ready. I have a feeling it could be worth the wait.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.