If there's a stock split, the conventional wisdom is that the stock will rise. In a reverse split, shareholders, like us, will exchange our shares, proportionately in smaller numbers in return for other shares. As a result, the market value is adjusted upward, increasing the value of the smaller number of shares. My guess, merely a guess, would be, if they find diamonds, then after a reverse split, IMO, the stock would be valued between 0.25-0.50. You have to remember, why stock splits occur. A corporation usually has an idea what their stock should be worth. If the its value rises above that value, a corporation may issue a stock split increasing the number of shares, but lower its value. This makes the stock more attractive to investors, while bringing the stock back into line to what the corporation feels its really worth. As a rule, most companies split their stock when they feel they're improving and on the upswing. However, there's no guarantee that a corporation's stock will increase after a split. Good luck to all!!!
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