SAExplorations Holdings Inc fka SAEXQ

[geodan]

Wow what a mover, bot some more at 8.20.

In last 10 days it has gone from 6 to 12 and now back to 8.

Ash, your points on low float and mkt cap ring true. That explains why it moves so fast. If this company survives, the 1 year high of $310 a share can be revisited, that would be 40 bagger from here. The 2 year high is $600.

https://ca.finance.yahoo.com/q/ks?s=SAEX

The Price/Sales is 0.4, in the past its been 10 times P/S which again shows potential for huge up move.

SAEX has had a $2 Billion plus mkt cap for years before oil crash.

Cheers