Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Mason Resources Inc V.LLG

Alternate Symbol(s):  MGPHF

Mason Resources Inc. is a Canada-based company. The Company is focused on identifying, evaluating, and pursuing business investment opportunities. The Company holds shares in Black Swan Graphene Inc., which is focused on the large-scale production and commercialization of patented graphene products aimed at several industrial sectors, including concrete and polymers.


TSXV:LLG - Post by User

Comment by 1studenton Jan 30, 2024 8:53pm
65 Views
Post# 35853984

RE:Does Mason know something we don't?

RE:Does Mason know something we don't?StockscoutX,

For now, the only thing actually keeping the lights on, as you suggest, at Mason Resources, a.k.a. the TSXV listed holding company, would be the remaining cash on hand.
We note when that cash on hand is made to be either near or entirely depleted (and it could be gone in a flash), the ability for Mr. Fahad Al Tamimi and the other Mason officers and directors to pay themselves those far too overly generous salaries and continue to issue themselves the additional equity awards based compensation in return for executive suite representatives provisioned services (services which are now considered to be as useless as mammaries on a bull), would also be greatly impacted and severely dimisnished.
At that point, either the SWAN.V or NOU.V had better be taken up to and necessarily sustained much much higher.
After all, once the cash on hand is gone, Mason Resources Inc officers and directors are going to have to "leverage the increased value in the SWAN.V or NOU.V share price in order to keep milking the ever loving shi followed by a t out of what is now a TSXV listed holding company.

What's more, I expect nobody actually needs any actual " insider information" in order to be able to know that both SWAN.V and NOU.V have the beginning of their respective growth phases straight ahead.

You are, however, absolutely correct with respect to Mason Resources Inc officers and directors clearly projecting their expectation that they would collectively be able to continue utilizing the assets belonging to LLG.V equity investors, as represented by "the company", as their very own personal back accounts.
I'm going to go out on a limb here and suggest that it won't be long until Mr. Fahad Al Tamimi et al are paid their sack of silver for betraying LLG.V equities investors and sent on their way; this either by way of honey, by way of hook or by crook, so to speak.

StockscoutsX,
Just have a gander at the past employment experience which each of these LLG.V officers and directors possess.
When you take survey of said employment experience, does such employment experience collectively scream out at you the immediately following?

Make me a better offer and I'll sell you not only the percentage equity ownership positions which Mason Resources currently holds in SWAN.V and NOU.V; I'll sell you the shirt off my back, my children, wife and her parents and the neighbour's dog as well, lol!

Mr. Fahad Al Tamimi et al are positioned here to "deal away", by way of M&A transaction or transactions, all remaining Mason Resources assets.
That you can bank on StockscoutsX.
The only question which would remain would be what would LLG.V "minority" shareholders receive in exchange for some or all of the remaining Mason Resources Inc assets?
Today's answer to such a question is closer to $_. _ _
<< Previous
Bullboard Posts
Next >>