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SLAM DRILLS MORE COPPER MINERALIZATION AT GOODWIN (click to learn more)
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Bullboard - Stock Discussion Forum
Andover Mining Corp.
V.AOX
Metals & Mining
Industrial Metals & Minerals
A precious and base metal exploration company
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Bullboard (TSXV:AOX)
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souwester
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Comment by
souwester
on Jan 07, 2015 6:18pm
RE:RE:RE:RE:RE:RE:RE:then court
I understood the document to say that Enirgi's bid was for both sets of shares.
(13)
•••
dosco
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Comment by
dosco
on Jan 07, 2015 5:12pm
RE:RE:RE:RE:RE:RE:then court
new doc as off 6th january on gt site. If i bid 1 dollar for alaska i ll get it as no one else bids?
SLAM DRILLS MORE COPPER MINERALIZATION AT GOODWIN
posted Jun 26, 2024 9:00am by
Slam Exploration Ltd
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|
Hole GW24-02 highlights include a 0.50 meter core interval containing 20% chalcopyrite (copper mineralization) and a 5.1 meter interval containing 70% pyrrhotite and 5% chalcopyrite. This copper-bearing interval occurs within a zone of variable mineralization from 23.60 meters to 54.50 meters. The Goodwin Project is located 5 KM southwest of the Half Mile copper zinc silver deposit owned by ...read more
(1)
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MAAXXY
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Comment by
MAAXXY
on Jan 07, 2015 5:06pm
RE:RE:RE:RE:RE:then court
I agree DOSCO!!! AOX should have put the silver mine into production and use cash to explore. However, ENIRGI in my opinion should their corporate greed. The property has huge potential, needs lot of
...more
(0)
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souwester
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Comment by
souwester
on Jan 07, 2015 4:36pm
RE:RE:RE:RE:RE:then court
And during the trustee sale there was a supposed white knight who couldn't bid because of pneumonia. The trustee delayed even further for awhile for that, and again nada. Finally, the trustee
...more
(13)
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dosco
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Comment by
dosco
on Jan 07, 2015 4:33pm
RE:RE:RE:RE:then court
Management failures... And it was expected that enirgi do a jv and swith sdebt into shares. At a point enirgis aim was to kick out us shareholders. If mr. Mc... become ill... and if this the reason I
...more
(0)
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souwester
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Comment by
souwester
on Jan 07, 2015 4:15pm
RE:RE:RE:then court
If AOX had repaid the loan when due, there would have been no bankruptcy - simple as that. Read the court case and the trustee report....AOX kept selling the hope of a white knight
...more
(1)
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rragg
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Comment by
rragg
on Jan 07, 2015 2:42pm
RE:RE:RE:then court
dosco we do see the obvious very clearly with rear view glasses you my friend, need to understand - we got screwed the "assets" are worth nothing (in what quantity unknown) until they are
...more
(13)
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dosco
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Comment by
dosco
on Jan 07, 2015 2:08pm
RE:RE:then court
I dont repeat the value of assets and what a refetencial bid means... The trustee did not do good... Debtor enirgi inspector enirgi consultant enirgi jv cancelled to get debt not shares enirgi bidder
...more
(1)
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rragg
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Post by
rragg
on Jan 07, 2015 12:30pm
Recent news
Rio pulled out - shows what was going on in that exploration and... in the whole Utah project. If it were significant they would have put up a bid. The Alaska project is just grazing ground with
...more
(0)
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souwester
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Comment by
souwester
on Jan 07, 2015 12:16pm
RE:then court
But dosco, there is no other compliant bid, even after all this effort. The $1 million is probably just enough to pay the trustee costs. If the assets are so great, why were there no other bids
...more
(13)
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dosco
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Post by
dosco
on Jan 07, 2015 11:53am
then court
Mist reject an unsocial offer to protect stakeholders. Especially if inspectors and bidder is the same and as well the same as the debtor. this is legal... that one party is in role of all three
...more
(0)
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souwester
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Comment by
souwester
on Jan 06, 2015 10:23pm
RE:RE:news out
Dosco, what an the Court or the trustee do if there is no other remotely complaint bid?
(0)
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souwester
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Comment by
souwester
on Jan 06, 2015 10:18pm
RE:RE:RE:news out
On further reflection, it appears that Enirigi was willing to bid up to $8.5 million. They'll get it for a million. AOX management should have given Enirgi controlling interest, and salvaged a
...more
(0)
•••
souwester
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Comment by
souwester
on Jan 06, 2015 10:07pm
RE:RE:news out
Yes, shareholders receive zilch. I don't know if there would be any tax losses given the bankruptcy process; I think that would be a factor if a mining company acquired AOX. It seems like GT did
...more
(13)
•••
dosco
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Comment by
dosco
on Jan 06, 2015 2:49pm
RE:news out
Cant believe that court agree such a stinky bid of... again this firms name ... All the land... utha acres... Ressources ... mines... tax losses might be worth more... Once dozen of potetial bidders..
...more
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