<<<I like Hinterland, especially like their property, and made some money off of them last year. But they will have problems with too many shares out going forward.>>>
"Solution" for "too-many-shares"-problem: Reverse Split !
They will be doing a 1:4 reverse split in combination with spinning-off their Yukon properties into the wholly-owned subsidiary Stakeholder Gold.
Both companies will have 20M shares post-split and HMI will retain 7,5% of Stakeholder Gold and distribute the balance to HMI shareholders, meaning 0,23125 shares of Stakeholder Gold for each HMI share PRE-split (plus 0,25 shares of HMI for each HMI share PRE-split).
Quite clever tactic to sell a reverse split to existing shareholders !
http://www.marketwire.com/press-release/hinterland-executes-arrangement-agreement-with-stakeholder-gold-corp-tsx-venture-hmi-1421959.htm
FANTOMAS