GREY:MYMMF - Post by User
Comment by
WeeblesWobbleon Feb 18, 2019 10:21am
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Post# 29378797
RE:RE:RE:RE:RE:RE:RE:RE:Talked to Brian
RE:RE:RE:RE:RE:RE:RE:RE:Talked to BrianYou should stop talking off the top of your head, Badger.
Budly was “paid” for by issuing 800K of shares from treasury. Only cash spent was $23K in legal fees.
Weedon construction halted because its PFC outside (those from Manitoba know PFC stands for pretty f***ing cold). You can verify that on the Weather Network. Then there’s this thing called the provincial labour code. Financing to complete Weedon and Laval is just a phone call away to Alumina. Why call for the money if its no immediately needed?
If you look at the most recent financials, you can determine that no money was spent on the ad campaign. Why did the campaign not happen? I don’t know, but perhaps the info intended to be disseminated in the ad campaign was disseminated via other means by other parties (like the Internet). Is a company required to disclose it made an operational decision to save money? No. You could attend the next shareholder meeting and ask why yourself.
IMO AUS and Columbia are like buying an old house for DYI renovation. You rip open a wall and find nob and tube wiring (which is no longer code). You rip up 3 layers of kitchen and bathroom lino and find asbestos tile. Combine the two and your DYI budget skyrockets by $25K. Is it your fault? No, because no amount of due diligence would have revealed the problem. Spend the money to fix it and move on.
Why keep harping on Maple Ridge? You knew that was abandoned before you bought in. You also knew the people who pursued Maple Ridge were dropped from the MYM mgmt team. Get over it and move on.
If it would help, I can send you some rose coloured glasses, I have a few extra pairs. The nice Okanagan cabernet you’ll have to buy yourself.