Post by
HubbaBuba22 on Dec 06, 2022 12:04pm
Anything w/ Mike McInnis is run - don't walk from!
In over 20 yrs as a stock analyst Mike and his trashing of Riverside was a cluster**** to behold. Screwed his oldest most loyal analystS (more than one) to do a deal w/ only 1 firm that couldn't even get the deal done at near half the price others offered a "bought deal" at! That's a MAJOR trashing and sealed the beginning of the end of a company that even had EXTRA assets (Rox Gold) THAT OTHERS COULD BETTER RUN.
For nastalgia I looked to see if he was still around. Glad he is. But the totally needless trrainwreck he created of Riverside was an unforgivable stupid act in just about every way for most everyone. So you screw everyone who helped get you where you are at the drop of a hat? Touche, only to come back and crater the company.
Comment by
celestialman10 on Dec 07, 2022 12:26pm
YOU MEAN RIVERSTONE? Get your facts straight!
Comment by
celestialman10 on Dec 07, 2022 12:39pm
YES, Mike has a history of being incompetent after a couple of rounds of drilling, but fortunately for us KGHM is managing this project.
Comment by
nofluff on Dec 07, 2022 3:03pm
Wrong mcinnis I believe. nf
Comment by
nofluff on Dec 07, 2022 3:20pm
Correction. I believe you are slandering the ame mike. You say the sale of the corp at 50% over market was unfair. U say others offered more. Show the documents please. Tsx would not allow that. Sh would have had to vote. You risk being sued. nf
Comment by
nofluff on Dec 07, 2022 3:27pm
I believe the same thing could happen with ame. Ngd has a mill with a haul road from ajax that used to use the mill. They could b buyers of the deposit as suggested. They could then advance the willow. They probably spent 100 million prior to merging with kghm. So sell at break even gives a sh a buck. or a 30 bagger. Happy guessing:)) nf