SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Quantum Energy -QEGY-
QEGY 0.00010000.0%Oct 30 4:00 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: siempre337/23/2014 4:32:53 AM
   of 15
 
don't know if this huge swing means anything, but a large price appreciation
often is the forerunner to significant newz.....

this site shows 43+ million shares outstanding & a market cap of 23.75M$....
otcbb.com

on Yahoo they show 7+ million shares out with a cap of only 3.88M$....
ca.finance.yahoo.com
wOw! - what accounts for this discrepancy?

could it be that the 36 million shares are what is held by insiders?
this will be my working 'hypothesis', until or unless we are told otherwise....
I'm not just pulling these numbers out of thin air....
this is from Kal Kotecha's article posted at 321Gold, for the Junior Gold Report >

There are 43 million shares issued
and outstanding of 300,000,000
authorized and currently 7.2 million
shares are free trading. The price
is stabilizing between $.50 and $.60.
With so little shares currently free
trading, it wouldn’t be hard for the
stock price to appreciate, so any piece
of good news could send this stock
soaring.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext