RE:Stock to 3 cents please!! CBalardo,
Should the share price be taken down to $0.03 and before you get to be thinking about purchasing your way onto a seat at the LLG.V BOD, I am certain the issued and outstanding LLG.V equities would be subjected to a consolidation and then there would be a massively material equities issuance involving transaction undertaken; thus triggering the LLG share price being made to collapse all the way down to pre consolidation share price points.
Ask yourself? What would be the impact experienced by your proposed additional $400,000.00 or overall 20% of LLG.V equity investment position at that juncture CBalardo?
Understand that you are not welcomed at the the Mason BOD and you'll in effect have not only your own equity investment value annihilated if you were to try to consolidate a 20% LLG.V equity ownership position; you'll have every other LLG.V "minority" equities investor's equity investment values annihilated as well.
Understand that when there exists an entrenched group of C-suite executives and BOD members here at Mason Resources, they can collectively choose to do you any which way they like; and don't give me any guff about the regulatory authorities trying to intervene on your behalf.
After all, this is theTSX-V, which is like the U.S Pink Sheets in terms of proactive regulatory oversight and the we don't give two shakes of a lamb's tail kind of regulatory laisseze-faire attitude.
By the way, Mason Resources has no reporting obligations with the SEC and I did not mentioned Nouveau Monde Graphite, a company which Investissement Quebec is all over like a dirty shirt, so to speak, and which does have a SEC reporting obligation.
Furthermore, I was likely the first one here to suggest that the LLG.V share price could be made to track the NOU.V share price aggresively upward when NOU's share price at least doubles from the previous CAD$2.57 share price point, that's an initial $5.14 NOU.V share price coming right up CBalardo.
At times the logical thing for the LLG.V share price to do when provided an aggressive 100% move upward in the NOU.V share price, is not what actually happens.
It's possible the LLG.V share price is made to react in a entirely illogical manner to such a 100% upward move in the NOU.V share price.
After all, the Mason Resourcess share price did not, as logically expected, track upward to at least $0.33 the day of the 100% sale of Lac Gueret to Nouveau Monde Graphite was announced and look at where it was made to bottom since, $0.125
Understand the factors which may presently dictate that the LLG.V not be allowed to lockstep track the NOU.V share price upward CBalardo.