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Re: Reverse splits So you will be happy with a company returning maybe 7 cents per share after waiting 4 years for start up. have you even glimplsed at the PEA or prefeas or feasibility or whatever the hell it was that Star produced. Ongoing capital maintenance needs will completely eat up that 7 cents per share . One or two bad years in marketplace would lead to bankruptcy aka Stornoway. No way can Star partner this at 40% and suffer the massive dilution needed to develop to production. |
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Msg # | Subject | Author | Recs | Date Posted |
46425 | Re: Reverse splits | paddiewack | 0 | 10/20/2019 6:01:02 PM |