RE:I have some shares but I will vote for no to the proposalvincentmtl wrote:
I have some shares but I will vote for no to the proposal. It's extremely low price 1.5 penny per share for new fundraising. MNG gold is too greedy and they should take over the company. I don't support the take-over waive. For the guys holding shares, one possible solution is buy some more and level down the cost, in next month, vote against the proposal.
1.5 pence per share , not pennys. So placement is closer to 2.5 cents CAD per share. I'm assuming this should make the new bottom for a while. It's a hell of a lot of shares though!!!!