- corporate update was anounced to me in januar with "in the next weeks"
- corporate update was anounced to somebody in the german forum with mid June
After my (completely justified) rant, here is the most important thing:
Fundamentally, everything is still extremely good. I recommend https://simplywall.st/de/stocks/ca/materials/tsxv-mjs/majestic-gold-shares/past in German, where everything is listed very well, completely and comprehensibly. The 80k + shares
of J. (Clown) Mackie have also been listed there for a while.
A company update will probably come very soon. It makes sense to wait for this.
The fact that there will probably be no dividend, as it was not included in the AGM vote, is in my opinion a big missed opportunity and a big mistake. But I can accept it.
What I can't accept is that MGM still hasn't published a company update. 3 a.m. Toronto/Canada time is when the stock exchange opens here in Frankfurt. It must be perfectly clear to everyone that thousands of small investors are waiting for positive answers. Now there's nothing coming with the AGM again and it's completely unclear when a company update will come. The share price is completely undervalued, but the lack of overdue news and the complete ignorance of mgm could force many people to finally get rid of this disastrous investment.
What are you supposed to do with this investment if you still have to wait 3 years, an increase in cash to 100 million US dollars, the sale of 25% of the mining asset and more than 7 months after the IPO, which was always used as an excuse why nothing can be done, AGM information is published which again contains nothing for the shareholders and no accompanying company update.
It is completely incomprehensible and unacceptable in form and execution! How can these clowns think this is appropriate in any form. After all the BS, this really takes the cake.
What is so difficult about finally publishing a plan on how to proceed and how we should finally benefit from this investment?
From a sober point of view, it makes sense to wait for this company update. Whenever this gang of clowns will publish it. Then we will see...
what a completely avoidable, stupid and completely pointless piece of BS once again
How this level of BS is still accepted. I just don't get it
greetings anyway
do yourselves a favor, wait for the company update. Although, it's getting more and more insane to hold on to this investment with this idiots of MGM.
greetings
richard