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Re: BOLD4GOLD post# 66

Thursday, 06/22/2017 10:56:22 AM

Thursday, June 22, 2017 10:56:22 AM

Post# of 192
It looks like they are going to offer more shares to try and make $15 million for next year's operation costs. They have until mid October to sell them. It is diluting the stock by adding shares but they have such a low float already this was to be expected. It depends on how much they sell the shares for how long it takes them to reach 15 million at today's price it would be a 15 million increase in shares at the price of the stock went up to two dollars it would only be a 7.5 million increase and so forth. I would expect they Will sell the shares at various prices until October and hopefully the pricing of the stock will go up and they will have to sell only the minimum amount of shares. We may see a little dip here but I doubt we stay below a dollar for very long. And I would be expecting good news soon. They could also be selling these to an institution at a good rate. All in all, I will be remaining strong. Still too much potential here for me, and even the increase in the amount of shares is minimal compared to many other stocks.