(Total Views: 324)
Posted On: 03/16/2021 11:40:47 AM
Post# of 2062
Satisfied with? Maybe .10 cents, but in my opinion, it’s not worth much more than the .03 cents it currently trades at.
The money the company blows through per quarter is insane for how little they accomplish, so I Don’t see the toxic notes stopping anytime soon.
In my opinion it’s best to sell now before the share count explodes again due to debt conversion shares and before the pps falls back to sub penny.
I would like to see it not be so easy for companies to blow up their share counts, and just wipe out investors with a reverse split and just start all over using the same methods that failed the first time. Too bad there isn’t a stipulation that those CEO’s cannot retain total voting control post split, so that if they continue to do such a shitty job, the shareholders can remove them.
When you have a CEO who in the past has always been willing to offer a good deal to anyone willing t give the company some money, it’s somewhat safe to say that the share count will not stay low for very long.
I think we would be extremely lucky to get an offer of .05 based on the company’s failure to recover any significant gold from any areas of the claims or other properties over the last 5 years that I have been following it.
Timelines that constantly fail. Projections that never pan out. Pr’s that leave more questions than they answer. Various consultants that come in with big announcements but then disappear into obscurity. Leach pad failures. Amazing rich pregnant ponds that yield nothing. Tubs of sludge that yield nothing, etc, etc, etc. Biggest of all is no significant gold being recovered and reported on a consistent basis, in spite of repeated claims of (x) number of ounces per day by the CEO.
The money the company blows through per quarter is insane for how little they accomplish, so I Don’t see the toxic notes stopping anytime soon.
In my opinion it’s best to sell now before the share count explodes again due to debt conversion shares and before the pps falls back to sub penny.
I would like to see it not be so easy for companies to blow up their share counts, and just wipe out investors with a reverse split and just start all over using the same methods that failed the first time. Too bad there isn’t a stipulation that those CEO’s cannot retain total voting control post split, so that if they continue to do such a shitty job, the shareholders can remove them.
When you have a CEO who in the past has always been willing to offer a good deal to anyone willing t give the company some money, it’s somewhat safe to say that the share count will not stay low for very long.
I think we would be extremely lucky to get an offer of .05 based on the company’s failure to recover any significant gold from any areas of the claims or other properties over the last 5 years that I have been following it.
Timelines that constantly fail. Projections that never pan out. Pr’s that leave more questions than they answer. Various consultants that come in with big announcements but then disappear into obscurity. Leach pad failures. Amazing rich pregnant ponds that yield nothing. Tubs of sludge that yield nothing, etc, etc, etc. Biggest of all is no significant gold being recovered and reported on a consistent basis, in spite of repeated claims of (x) number of ounces per day by the CEO.
(0)
(0)Scroll down for more posts ▼
