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Message: Re: Over the last 6 weeks
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Jun 04, 2020 03:14PM
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Jun 04, 2020 03:45PM
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Jun 05, 2020 06:42AM

I question your math with trepidation- but I think you need a 1000:1 reduction to get to $1. But I don't  agree that you want to be there- at $1- anyway. (.001 x 100= only 10 cents). Although the math makes everything seem equivilant- the reality is not necessarily so. We could hopefully see a huge organic rise with great news- as happened years ago to .19. And it is conceivable that we could go from the nearly .0001 to 10- 20 cents- even with the much larger number of shares. We're already up nearly 10 fold from those lows. But if we were at $1 via the infamous R/S- we would all be starting with 1 thousandth of the shares. To get a similar rise equal to going from .0001(roughly where we were) to 10 cents would require the PPS to go to $1000. Likely? Never. Even $100- never. Never. In fact- if you look around- most even medium size exploration- even mining stocks- are at a few tens of cents- rare to be at even 1 dollar. Even the giants are in low single dollars. You would never- ever- recover the potential value lost to a R/S. Who do you think we are- Apple or Amazon? Let's accept the neighborhood in which we live- and be thrilled if we ever get back to a few 10's of cents. Then if we get there- then little by little- with continuing good news maybe we could creep up to $1. Much more likely than getting to a few hundred dollars or even 10's of dollars with this cockeyed and misguided scheme apparently being promoted mostly by our buddy, "nu". ( The more likely scenerio is that we would have 1 thousandth of the shares- or even 100ths of the shares- the PPS would drift back to where it was- and we would end up with one hundredth or one thousandth of our value- maybe slightly higher- but never making up the ratio difference even with good news.)

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Jun 05, 2020 09:09AM
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Jun 05, 2020 10:19AM

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Jun 06, 2020 08:15AM
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