NoChance, I agree, I don't not believe for more than 1 millisecond that there are only 8.7 Billion shares out...maybe they left out a zero, easy to do.
As for the market cap, considering the findings released, I think it is fair right now. Diamondiferous could mean anything.
Short squeeze?...rarely see one of this magnitude. Merger, total speculation but you are right the signs are there, and the accounting of shares on this Pinkie, (this is a Pink afterall and just by definition they are given wide latitude on what they say and do), would mean something at that point. Right now we are in Lala Land as to the actual O/S....I am VERY suspicious of the fact.
So, in your best case scenerio, you come up with .10 per share, interesting..that is a common estimate.
Now, one caveat. The stocks that were halted were Canadian, SI? They may have requested it on thier own, OR they may have been advised to by who knows who. They could have gotten a call that said..."stop this til we look into the claims by CMKX. All speculation, of course.
Since this is a Canadian mining concern, and therefore regulators are privy to information concerning Canadian Mining Operations, I wonder if the halt is actually a bad thing? I say probably positive but one never knows.
You see, a few phone calls made and regulatory agencies can get the skinny up there. Politics.
Don't think that is the case, I don't think those companies had their ducks in a row with information releases, so to speak before CKMX did.
After all, CMKX said that the cores were diamondiferous....very nebulous and can mean almost nothing, to the mother lode. Who knows but them, and they aren't talking.
Just my thoughts.
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