RE:This is very sadI think you focus too much on MDN. You have to remember that 18 months ago ( today erased) a presentation on the cert website gave 0 yes 0 as value for Mdn . So they knew themselves what argentina was really worth . The reality is that the whole value was coming from MDC project and Mt Sorcier at that time. But
the joke between the pea and pfs for Mdc was the real start of the road to hell. Before there was the dilution to save Voyager . And the coup de grace is the total inhability to fund mdc .
Asnd shows the exact same story . At the end it's because overpromising.
An analyst (haywood) cut to sell from cad 2.5 to 0.45 ...!! Divided by 5 after results pr. All is said.
So now a possible 35 milions shares are coming . He can do it , mr market has already priced the event .
But bye bye the speech protecting the shareholders from dil as first Commandment . And the more he waits the more it will cost .
The real move would be to sell argentina. He would kill the shorts . But i don't see this to happen .