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solartech

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solartech

Re: stphaoe post# 74612

Wednesday, 06/19/2019 4:46:27 PM

Wednesday, June 19, 2019 4:46:27 PM

Post# of 104482

I have seen share price of junior mining explorers surging well over $1 on spectacular mineral assays while those companies have zero income.

The same phenomenon exists in the high-tech sector or in the bio-medicine sector.

For junior start up companies, its share price is a speculative play, it depends on investors' evaluation on the company's future potential based on the significance of its discovery or achievements. Only when the company has achieved sustainable revenue will its share price conform to the Price/Earning ratio law.
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