Noront Resources

High-grade Ni-Cu-Pt-Pd-Au-Ag-Rh-Cr-V discoveries in the "Ring of Fire" NI 43-101 Update (March 2011): 11.0 Mt @ 1.78% Ni, 0.98% Cu, 0.99 gpt Pt and 3.41 gpt Pd and 0.20 gpt Au (M&I) / 9.0 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inf.)

almost 15 years ago

in response to Edgy's message

"How is it better? So you must consider owning 10 shares worth $1000 each the best ever?
Same market cap from your example. You do have a point, but incomplete imo."

No, that's not what I'm saying at all. Why would you fly to the other extreme from my example? But since you drew the scenario, yes I would rather have a $1000/share stock than a .001 stock any day. I would love the problem of having to share split, not to be confused with a reverse. The reverse is necessary to, at the very least, improve the optics of a company that couldn't make it go before they had to seriously dilute a company. A 300 mil share float, as you put it, which will certainly not be as much as SPQ's total float, is not such a bad thing, but not at .06 cents. $25 or $30 would be ok though. I think my point complete now.