Post by
Oregonduck on Jul 21, 2024 5:03pm
Like Minto Metals (TSXV-MNTO)
That can happen without warning to VGCX. Minto management abandoned the Yukon mine and walked away. The stock was last traded on May 23,2023 at $0.88. It never reopened for trading. The Venture Exhange suspended the stock and subsequently delisted the shares in July, 2023. To those who held Minto shares, they could get them removed as worthless by their brokers from their accounts. CRA will allow a tax writeoff.
Comment by
mdjbrown on Jul 21, 2024 5:21pm
Oregon, these two companies are not close to comparable Pembridge had no business buying the Minto Mine considering it was nearing the end of its mining lifespan. Not a bit surprising it rolled over leaving the Yukon Government on the hook VG is not in that air space.