Followers | 375 |
Posts | 16969 |
Boards Moderated | 4 |
Alias Born | 03/07/2014 |
Friday, April 04, 2014 7:28:03 PM
If the price were to return to the multi-year historic norm- that market cap is going right back to about where it was. 420 million X .01 = $4.2 mil or at 2 cents = $8.4 mil, big deal IMO. $5 or $6 mil or so average again. It is only increased right now via a) Massive share dilution and b) A price spike, which IMO is based largely on no underpinnings such as sales, an approved product, any significant financing, etc. It's not new in the slightest to see this "pumped"- in fact this time of yr is typical for the "pump" IMO looking at a historic chart (as same price spikes of past 2 plus yrs- which went right back down over a month/two month period to settle back at 1 to 2 penny range)
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM