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AXE EXPLORATION INC V.AXQ

"Axe Exploration Inc is a Canadian based exploration stage company. It is engaged in the business of acquiring, exploring and developing of mining properties and also holds interests in properties at the exploration stage located in Canada. It has interests in four properties, which are located in Quebec, mainly in Abitibi area. Its properties include Destorbelle Property, Commandant Property, Gold Peak Property and Unique Property."


TSXV:AXQ - Post by User

Comment by atikaon Nov 02, 2018 2:26pm
49 Views
Post# 28915971

RE:RE:Interesting question to be answered...

RE:RE:Interesting question to be answered...Desperado, I disagree with you. Voting NO for the deal results in the firing of Mr McDonald. Why ?

1. Because there is a very close relationship between the CEO and HIS board and Mr McDonald        will lose all of his credibility after the failure of the deal;
2. It doesn't take a different vote to get rid of the CEO. The board can and will;
2. To be fired is the best scenario for David McDonald, because of his contract;
3. With 360,000.$, he will be able to invest his severance payment directly with Terranueva and          he will do it because he is a big fan of that company;
4. For the last year, Mr. McDonald kept saying that there was not any future for junior mining                company;
5. After the severance payment, Axe will be broken.
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