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Gold/Mining/Energy : Verde Agritech
NPK.TO 0.910-1.1%Nov 24 3:59 PM EST

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To: kidl who wrote (15849)5/23/2018 2:38:58 PM
From: Sultan  Read Replies (1) of 16582
 
A quick look at my web broker after I heard that interview, Sirius Minerals PLC on OTC Pink SRUXF shows 1.6B market cap and 4.7B shares outstanding.. Last trade was US 0.50 only 1750 shares traded.

Mind you, unlike NPK, they are going full speed ahead to develop their project with full permits, plants, capital raised in billion etc.. Really big operation with probably some big backers if you see their website and presentations..

It does however show the marketcap disparity between the two but Verde to overcome that will have to really beef up the operations and management because for now they project a small scale outfit who has to go every year to increase their permit and approval etc.. Does not make sense how the approvals are given out.. May be they need big, well known and credible backers to raise their profile..

Nonetheless, at 40+ m shares, they should be trading 4-5 times higher then the current $0.80 .. I guess we will find out whether or when that happens .. or not..
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