NVI 0.00% 1.1¢ nevada iron ltd

re: Ann: Strategic Acquisition and $8.3m Capi... had a few,sold...

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  1. 2,405 Posts.
    re: Ann: Strategic Acquisition and $8.3m Capi... had a few,sold them today.

    once they stop propping the shareprice up to get the cap raise away,they will just be another capital starved hopeful in a underperforming backwater of the market.

    yes,they have to consolidate for the north american market, but the shareprice has a history of falling from 50 to 5 cents. i reckon it will dwindle,then raise more capital,for at least one,if not two years.
 
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