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0.4¢ cervantes corporation limited

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MeToo

3,857 Posts.

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28/02/18

13:47

Post #: 31415527
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Originally posted by godlike ↑

Oh Dear Me Too Margin Loans and Bank debt on a junior exploration company ........... bit ahead of yourself ............. If the new investors paid .8c plus got an option and the current price is .9, how is that a loss ?? The share price may have been 1.5c at the time based on an illiquid stock but it is the purchase price that determines your profit or loss .................... exploration companies are by their nature high risk investments but generate massive employment for those trades people in the industry, which pays the Unemployment benefits etc of the unemployed from other countries who come her to suck up those benefits .....If successful they also generate massive profits ................ but only to those who have funds and have the spine to invest instead of whinge about past losses

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So who is whinging about past losses? “have the spine to invest” interesting concept!

CVS Price at posting: 0.9¢ Sentiment: None Disclosure: Not Held
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