A 10:1 consolidation would only screw the existing shareholders. It would inflate the share price for a little while, which then would quickly erode back to the price it is today, with everyone having 10 times less shares. The only thing that will rescue the share price is a license to mine. Raising the share price by a reverse split won't hold water unless there is a license. It will hold water if there is a license but that alone would raise the share price I believe significantly. Thus, not needing the reverse split.
ETM Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held
