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Re: MaxzMillionz post# 83755

Wednesday, 09/28/2022 10:02:57 PM

Wednesday, September 28, 2022 10:02:57 PM

Post# of 113779
I'm not selling. Its just gonna reallllllly suck watching my share stash vaporize to 10% of what I spent good money to purchase. That is just a shallow superficial shock that I know I will have. I know the market value stays the same but the mental PERCIEVED growth potential goes down. The perception doesn't go down for the educated finance guy, but it goes down for the knuckle dragger guy like me. In the end it probably wont matter if the mine is a success.

Was the mine really ever gonna have a high share price and a market value of something NUTS like $5-6-7Billion+ at 278Million+ shares? Not in reality. At our current count the minimum nasdaq pps requirement would put the market value right at what is needed to build the mine in the first place!! Not feasible. Delisting would be an issue, and we would never get there anyway.

If I end up with 19k shares and we get into full swing production with something like (lets pretend) $3Billion in company value at $50/share (60M shares ish)...... that is still an amazing thing for a low brow low info guy like me. It will be amazing for my middle class retirement in 20 years.

And there is always the murmurs of further discovery of a larger ore body. Who knows?
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