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I just wanted to correct the figure that I gave before about the public float. Currently the public float is only about 85million shares. 80-90mil and there are 412mil out if rights and warrants were to be exercised.
6 comments:
real_economics
said...
That is insanely low. Just curious where did you find that data?
Low but good, Simply take into account any insiders and large players that own more than 5% of the stock. I don't have the exact figures but I am sure peter could run you through them. I have the math at my pad in the city but wont be there for a few weeks now. Like I said, Simply call Peter and he should be able to give you the break down.
nice - will do. That figure is so low that any institutional buying would rocket this thing instantly. I've seen it happen. I had Jinshan from .45, sold at around 3.00, then watched it keep going to a high of 6 all within a YEAR!
6 comments:
That is insanely low. Just curious where did you find that data?
Low but good, Simply take into account any insiders and large players that own more than 5% of the stock. I don't have the exact figures but I am sure peter could run you through them. I have the math at my pad in the city but wont be there for a few weeks now. Like I said, Simply call Peter and he should be able to give you the break down.
nice - will do. That figure is so low that any institutional buying would rocket this thing instantly. I've seen it happen. I had Jinshan from .45, sold at around 3.00, then watched it keep going to a high of 6 all within a YEAR!
And that was exactly during our period. Ramp up from a lower production volume to 100k oz / year!
Yes, for sure...Sorry I could not get those figures to you.... I am kinda on vacation for a week or so.
This number is now being said to be 130million with some recent events that have taken place.
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