They should suspend the shares. That will stop the bleed and allow them to set a decent price.
There is no use to continue trading if the SP is just going to drift lower.
This is starting to have flees...not even 60m of coal can save it if the company doesnt start meeting objective.
Interesting about xzlrate comments (if they are true). Did anyone else get a call...I didnt. Perhaps the company only has demand for $10Mill (most will be spent on aquisition) and is relying on the retail investors for extra cash to drill. Well they arent geting my money at 5c when I can buy at 4.9c. Might even go lower tomorrow.
What a disappointment this company has become. ME can talk about value adding and buliding all day on BBR but unfortunately all CEO is doing is destroying wealth.
CEO Price at posting:
4.9¢ Sentiment: None Disclosure: Held
