RE:Where is the bottom?Mason Resources share price is likely to get a lot more nasty before it is allowed to get any better.
I don't doubt for a second that Al Tamimi could have pledged a tranche of his LLG.V shares to a private broker dealer and it's employed minions.
They are seeking to futher trash the LLG.V share price and keep it even lower for longer, so as to collectively accumulate more of Mason's equity control.
I've seen this before and have experienced it before as well.
There is no longer a strategic business development plan in play here. Lac Gueret is gone. Mason Resources does not control Black Swan Graphene and there is little to no chance that Thomas Swan & Co and the other Black Swan Graphene stakeholders would allow Fahad Al Tamimi to in any way control the direction of Black Swan Graphene.
Basically, this company's officers and directors have lost all control over whether this company can be viewed by participants of the greater equities investments community as having any business plan, i.e. any business plan other than being the very shell company Mr. Fahad Al Tamimi et al have ensured it to now be.
Here's the kicker. Implementing any to be devised strategic business development investment plan requires lots of capital; and very roughly $5 Million to 6 Million would buy this company access to squat.
Selling those NOU.V shares or those SWAN.V shares held by Mason Resources is hardly an option at current share price points; and so, this shell company or holding company's officers and directors do nothing other than keep milking this company's coffers dry.
This is, in my opinion, precisely the circumstance Mr. Fahad Al Tamimi et al wanted to ensure this company and it's "minority" equities investors had been subjected to experiencing.
I wouldn't doubt that at this very moment Mr. Fahad Al Tamimi could likely be meeting with a potential suitor, to whom Mr. Fahad Al Tamimi would arrange to have takeover Mason Resources for a song and a dance; and of course, some special privately arranged for considerations for Mr. Fahad Al Tamimi.
That's correct. You have to know how he made all his fortune and understand that he likely stepped on and all over the very interests of so many investors whilst doing so.
As I said, I wouldn't trust him as far as I could throw him, the same certainly applies to his hand picked group of officers and directors.
This play has been absolutely disgusting thus far.
Get to it Mr. Fahad Al Tmimi. Get some LLG.V minority shareholders appreciation going BUDDDY!