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  4. Mining Global Inc. (MNGG) Message Board

It was showing around 260 million today. Has been

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Post# of 12259
Posted On: 12/16/2014 5:15:49 PM
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Posted By: Natural Treasures
Re: tomkat7557 #3882
It was showing around 260 million today. Has been all over the place from 100-500 million at any given time. This run coming will be unusual from the standpoint of 3 major streams of revenue starting and will be firing on all cylinders by end of Q1 2015. During that same time, the company will be taking the share count from 6.1 billion to 2.5 billion. People taking gains off the table to recover initial investments will be good for investors and the company too while buying back shares. But people flipping shares to take profits and reinvest lower will be getting some upward pressure when the company buys and retires shares to the treasury. The float is going to get tighter and tighter.

Plus there may be a wildcard factor. Ghana was out of the blue. We did just open a Ghana Corperation. Makes you wonder if the current site is just the beginning there, or anywhere else for that matter. Global Mining. Things that make ya go hmmmmm.


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