OTCPK:MALZF - Post by User
Post by
james2001on May 28, 2017 1:10am
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Post# 26293052
Re smell test
Re smell testalthough the infill tests will not lengthen the mine life it will increase the cash flow to finance new
business ventures.Also, other companies may also have good drilling result but how many are in production or have the access to capital to take it into production.so they keep drilling in the hope of getting bought out at some point or diluting.We know more less where we stand.
I also note that no one on this board is talking about shareholders in Marlin getting in on the ground floor with shares issued to them in the sailfish royalty co.on a pro rated basis.This is supposed to be done in 2017 or within the next 6 months,which is not that far off.
They have said that Sailfish will go public as soon as Golden Reign gets permitted or they add another significant royalty stream which may or may not be financed from increased cash flow of Marlin. Although I believe that these streams will be financed through the issuance of shares to the public in Sailfish when it goes public.
Add all of this to the land package around Taunis pit and the Commonwealth and I believe the share holders of Marlin have much to look forward to.
Someone on this board mentioned that they are pumping this stock. I see it as they are merely releasing information in a timely manner and at the same time keeping the share price down and increasing the share price slowly. If this was a pump and dump do you realize how easy it would be to take this stocks share price up to unbelievable valuations in a short time frame............It Has a very
very tiny float in which very few juniors have. Wexford and the market makers of this company have the ability to support the share price at what ever level they see fit. ONly time will tell at what these levels will be.