Post by
nozzpack on Sep 16, 2021 2:34pm
Timely Disclosure
Timely disclosure is defined by the exchange as any material event that can be expected to change the share price.
Monument has been remiss by a country mile on its timely disclosure.
Further, they have a habit of deferring by disclosing material events mostly in the quarterly reports where they are often buried in the back pages or within a much larger context in which significance can easily be bypassed by shareholders.
Lets take the start of construction of the Floatation Plant.
Its was stated to have begun by late August.
If construction did begin on time, a NR issued to that effect would have affected the share price in a positive way.
Likewise, if it did not start on time, that would also have affected the share price in a negative way.
In both cases, a NR should have been issued.
Going forward but not ignoring recent retrospection, we should make note and report any violations of timely disclosure ..
Comment by
Wayned52 on Sep 16, 2021 6:29pm
Hi nozz , report to who exactly . ?
Comment by
nozzpack on Sep 16, 2021 8:31pm
The venture exchange is regulated by BCSC. The CSA can also be informed as well as the CBCA. There are requirement for Independance of the BOD, Audit Cmmtee and Compensation Commttees. These, in my reviews, show consistent violations, that if a dozen or more of us sent documented examples to each if the above agencies , we would get a response .
Comment by
SilverNS on Sep 17, 2021 1:04pm
Hey Richard Do not take this personally but I disagree - the Highway is used to honor RCMP/Police/Fire and I would also hope that anyone else who was killed while on duty. If I had my way I would include any Doctor or Nurse or civilian who lost their lives trying to save/protect the public.
Comment by
romara on Sep 16, 2021 7:54pm
NR's cost money ..... money that is available for managements wages and trips ....... Richard