GSPG has $2 billion in silver and gold reserves and resources (reported by the associated press). GSPG is worth a minimum of $100-200 million, but has a market cap of only about $26 million and a share price of .0073
The share price is stuck in sub-penny territory because it is unmarketable as a sub-penny stock. Few if any serious big-time investors will invest in a sub-penny stock. A reverse split will normalize the share price and allow Moelis to market GSPG to serious international investors.
With serious investors on board, they should be able to support a fair market value.
The reverse split is a very good thing for GSPG. Many reverse splits have positive outcomes. GSPG has world-class experts helping with their reverse split.
News 
Market Data 
Discover 
AI
