Golden Raven Resources Ltd (GVN) Message Board

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Gold/Mining/Energy : Golden Raven Resources Ltd (GVN)

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To: Ronald P. Margraf Sr. who wrote (3052)	10/27/1998 10:49:00 PM
From: G Young	Read Replies (1) of 3155

Let's face it. If you're a promo-oriented stock that freely issues stock options to company insiders you have a much better chance of attracting new buyers if you have 3.4 million shares out trading at around 20 cents than the current situation of 24.1 million shares out and a share price of 3 cents. I had been advocating playing the bounces on CYJ but I can't see any more up bounces with this 7:1 share consolidation. Everyone knows (esp. in this market) the trend is for share price to go down after a consolidation.

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