OTCPK:NORZF - Post by User
Comment by
JohnnyBurnetteon Oct 04, 2022 5:47pm
131 Views
Post# 35005331
RE:Have no doubt RCF made a serious boo boo here
RE:Have no doubt RCF made a serious boo boo here I believe the serious error here is that operating loan FROM RCF (the one NorZinc was 6 million in the hole for) should have gone to minority shareholders for a conformation vote -- for reasons which should now be clear to everyone.
The single most gauling phrase in the offering is that this path is ""in cash and removes short and long term risks" as if there is ANYONE in NorZinc who thought that it was a "safe" investment. I believe we all recognized the value in the property if and when obsticles to development were removed.
To be forceably removed from participation at this point is just infuriating.