Developing Bellechasse-­Timmins Gold Deposit

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Message: now it's .01 @ $1.4 mil: how much lower? from 30 cents down to .01 = $46,000

And this is not the US over the counter: it's the TSX Ventures: I do not think under .05 is probable if we stay as we are:

However if we do a 30 to 1 stock split the resutling 30 cent share price has a lot further to fall than where we are now!

As example: if it went down again to 2 cents from 30 cents on bad news causing panic in the overall market, it would be equivalent to a shareprice of 0.002 as my calculator shows.

This would show a market cap of 1.4 million going to $93,333

A 30 to 1 stock split makes us vulnerable to fall much further in value on bad market news or traders playing with the stock.

....danny

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Jun 16, 2014 12:50PM
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