Re: Any concern about this latest action?
in response to
by
posted on
Feb 10, 2009 05:23PM
Werner, save your money and wait for a real upturn in the share price. Right now a share is only worth 85% of a penny. Did you know that Silverado was once a $10 a share stock? If you invested $850 to get 100,000 shares right now, a reverse split of 10:1 would give you 10,000 shares valued at $00.085 cents a share? Surely someone wanting out bad enough must have a few million shares they would sell off causing yet another share price reduction, then maybe they'd buy it back when it got down to .00085 again. The Nolan site hasn't been certified to have "Millions" of ounces of gold in it's reserves, inferred, proven or otherwise. If the mother load was hit, it'd have to service 900,000,000 shares with it's profits. A wise move would be to watch it prove its self out as a real productive concern. I have followed this one for years, and when the PR and IR people don't want to give you information, you have a problem. Whatever you decide, good luck.