Cruz Cobalt Corp (CUZ)

[Jagwire]

CUZ 3 for 1 Split coming...

http://investingnews.com/daily/resource-investing/critical-metals-investing/cobalt-investing/cruz-capital-corp-to-forward-split-the-shares-3-1/

Quote from news article:

James Nelson, President of the Company states, “We feel that this split will be a positive event for the company as this will enable greater liquidity for the shareholders, thus enabling a more transparent and consistent market. The ratio being proposed will be 3-1. For example this means that if you are shareholder of record of 10,000 shares you would then hold 30,000 shares upon completion and approval of the split.”

Is it worth it? I could see that if the stock was trading in the $100 range or maybe even higher than $20.

Why would it trade any better after a 3-1 split if it isn't trading at around 0.64?

I guess it sounds good to traders/investors who think it's a deal...company still has to perform though, which is it doesn't seem to be doing right now.

I would think that news about company progress would be better for the share price...any thoughts?

Cheers,

Jag