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Micrex Development Corp. V.MIX.H

"Micrex Development Corp is a Canada-based company. It is involved in industrial metals and minerals business sector. Its activity consists of exploring and evaluating mineral properties in Canada and the United States of America. The company also focuses on acquiring land. Its projects consist of Burmis Property, Bighorn Mine, Mount Royal Mine, Deadwood Mine, Sunburst Claim, Sunburst Claim, and others."


TSXV:MIX.H - Post by User

Bullboard Posts
Comment by WEHon Jul 14, 2006 4:23pm
46 Views
Post# 11117745

RE: please check my math

RE: please check my mathWell two weeks have come and gone and Perry's still waiting for Stans supposed wording on a Quebec news release. Maybe the problem is they can't find a dictionary. Agricola would like help in his math problems so I have added the numbers he was missing. Here is what the market price was on the days Stan was selling privately. Feb.13...Market at .64 Stans private sale at .40 a 37.5% discount Feb.23...Market at .53 Stans private sale at .24 a 53% discount May.04...Market at .50 Stans private sale at .25 a 50% discount THEN out comes a PP and then Director options The concern is about the Directors just issuing cheap shares for themselves as in 20 cent shares as the record shows. Getting cheap shares is one thing selling them below Market to get more cheap shares is another. The fact that the money goes directly into Mix account doesnot matter as PP money does the same trick. Stan simply sold below market so he could pick up cheaper shares that he had optioned out for himself. The $111,000.00 that Stan gets for a salary is just not enough I quess. I have no problems with anyone making money here however giving out a bonus option when the company has no income and has yet to make one red cent is a point to ponder. Putting half of ones salary into Micrex is no big Deal ... thats why his salary is where it is IMO. I have spent the same percentage and not to get .20 cent shares. ITS high time we started seeing results as investors for what we are footing the bill for or else we should start pooling our shares and vote a change at the next AGM. I see the PP has not been announced as sold out .... it will most likely drag on till the next AGM sometime near winter. With the price gettting closer again to the thirty cent range and the bid support being weaker there seems to be lots avaiable at the under 50 cent mark and breaking 45 cents is a problem. As Frustrated2 says does anyone KNOW anything or is it that most people just don't care and are not interested in what goes on or lack there of?? WEH
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