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Posted On: 04/17/2020 12:12:54 PM
Post# of 2062
Re: Alascantrade #1063
This could be a rough day for share price since the conversion selling still has tens of millions of shares to go. So far there have been buyers at 0.0024 and above. If the ready and willing buyers have shot their wad and still 30 million shares go up for sale ..... we all know the result.
Allowing these loans to convert is a little too easy a way to "settle" the loans and a very expensive way to do so. We need to learn soon if the Santa Elena mine is able to make more than it costs to simply operate the mine.
At 11 08 am CDT Friday MXSG 0.0028 volume 6 million shares. Will call that ok in fact will say it's great for the selling pressure of past 3 days. Thank you BUYERS. Company could sure help with something concrete to offset this conversion selling.
i got no insights - just along for the ride.
Be well - let's hope the Gilead drug is the real deal for the COVID 19. Many drugs old and new are being tried.
Here's a caution flag on the drug:
https://finance.yahoo.com/news/analysts-warn-...40939.html
Allowing these loans to convert is a little too easy a way to "settle" the loans and a very expensive way to do so. We need to learn soon if the Santa Elena mine is able to make more than it costs to simply operate the mine.
At 11 08 am CDT Friday MXSG 0.0028 volume 6 million shares. Will call that ok in fact will say it's great for the selling pressure of past 3 days. Thank you BUYERS. Company could sure help with something concrete to offset this conversion selling.
i got no insights - just along for the ride.
Be well - let's hope the Gilead drug is the real deal for the COVID 19. Many drugs old and new are being tried.
Here's a caution flag on the drug:
https://finance.yahoo.com/news/analysts-warn-...40939.html
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