Followers | 103 |
Posts | 5843 |
Boards Moderated | 0 |
Alias Born | 09/29/2017 |
![](https://investorshub.advfn.com/uicon/635614.png?cb=1558039631)
Tuesday, May 24, 2022 12:27:12 PM
Unfortunately, Stem, you may be right on seeing 3's as well. It's sad & so incredibly unnecessary. A pink that has audited revenue, grossed 11m last year, is looking to double that this year, and is expecting to show bottom line profit this quarter ... and their PPS can't hold anything above trips. Not only that, but their MC is below $2m - less than they have inventory in hand by 50% - and there is the very real possibility it will fall below $1m.
Unreal.
Well, no one has confidence in management. If they did, relatively small amounts of dilution wouldnt be a problem. But there is currently zero buying pressure right now.
What can one say? Berge knows why, unless he is in denial. He knows what he needs to do to create confidence. Question is, does he care to or not.
Much as I hate to say it, I say we collectively (if that's even possible) allow the SP to go into freefall. Refuse to buy any shares, diluters will dilute, and the price will steadily decline. Maybe that would get his attention.
Thoughts?
Element79 Gold Corp Appoints Warren Levy to Board of Directors • ELMGF • Aug 28, 2024 9:51 AM
Integrated Ventures Announces Strategic Entry Into Health & Wellness Industry with Focus on GLP-1 Products • INTV • Aug 28, 2024 8:30 AM
ELEMENT79 ANNOUNCES UPLISTING TO OTCQB VENTURE MARKET • ELMGF • Aug 26, 2024 10:03 AM
North Bay Resources Announces Gold Assays up to 2.2 Ounces per Ton, Fran Gold Project, British Columbia • NBRI • Aug 26, 2024 10:00 AM
PickleJar Unveils Latest Venue Managed Services Innovations in Upcoming Webinar • PKLE • Aug 23, 2024 1:11 PM
Element79 Gold Corp Provides Update on Nevada Portfolio • ELMGF • Aug 23, 2024 8:00 AM