Quote:
Originally Posted by lowside67
Apparently investors are starting to receive a voting package... item #1 is voting on a reverse 10-1 split and item #2 is a change to "Veris Gold Corp"...
Mark
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Yessir, 10-1 consolidation and name change to Veris Gold, along with a move to being listed on the NYSE MKT exchange.
I'm not sure how I feel about it, it's actually very common that a lot of investors won't engage with the Canadian exchanges and certainly avoid any stocks with a price tag under a dollar.... So it is possible tha this move will attract a new group of investors.
I do feel that at the current market cap there isn't much of a potential downside even with consolidation risk when you consider NAV.. so I'm happy holding. Just waiting for that first profitable quarter to make me feel better
See what happens anyway, I'm more interested in Q3 numbers than anything else...
QE3 is good for gold!!