Wolverine Resources Corp (WOLV)

[Dobie Lama]

A muppet is finally making sense on the dilution propaganda.

Welcome Dr. Feelgood Mod.

Using float numbers to show dilution is a red herring. Valuation comes from the Fully Diluted number which is all outstanding shares plus all warrants and options. The only effect increases o the float have is that increases in price most often require more shares than with the float locked up.

An 100% increase of the float over two or three years is pretty meaningless other than it will require higher volume buying to get back to 10 cents than it did to drop from there to current levels.