If I understand situation we are 3 months into year and already over 100 million, I still project the company ends up at least in 150 to 200 million share range this year. On worst case I have nothing to go on except looking at stated capital requirements (on 10k) and the balance sheet, and at say a price of $.01, I easily could imagine company ending at 250 to 300 million shares.
If they meet the timetable and the selected financial numbers they have projected, at $.01 that would be $1 to $3 million market cap which of course seems way too low for a producing and profitable mining company.Hope you are correct they can meet their financial projections !
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.