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Re: 1manband post# 34132

Thursday, 12/05/2019 4:58:25 AM

Thursday, December 05, 2019 4:58:25 AM

Post# of 47640
“Gold does not matter at this point”. There you have a gold company that doesn’t need to produce gold. That is like saying a grocery store that doesn’t need to sell groceries.
1.) The increase in OS to 5 billion saved the company.
A.) posters on this board we’re saying out of business by EOY. NOT happening.
B.).the convertible notes may be being sold however bankers like money, and to them gold production is important, due to the fact it increases shareholders value.
C.) now there is plenty of wiggle room for over a year.
2.). Letter to shareholders in June 2019 of R/S by mid 2023
A.) A 20:1 split now takes us to .05. Do you think in your wildest imagination this would happen now.
B.) A gold producing company with 250 million shares is reasonable. Look at MUX and other miners
C.) At .20 PT dies a 20:1 we are at $2 Per share with 250 million shares.
D.) a recent R/S has done well with a similar mining company up 28% yesterday.
In closing with the price at .055 now this is a steal! Looking for .05-.07 then will reevaluate my position and possibilities of selling shares at which point convertible notes should be done. Best regards.