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Tuktu Resources Ltd V.TUK

Alternate Symbol(s):  JAMGF | V.TUK.WT

Tuktu Resources Ltd. is a Canada-based junior oil and gas development company. The Company is engaged in producing oil and gas properties in southern Alberta. The Company’s assets are located in southern Alberta consist of 29,685 gross hectares in southern Alberta near the Foothills County. The assets have a base production of approximately 165 barrels per day (bpd).


TSXV:TUK - Post by User

Bullboard Posts
Post by barnaby77on Dec 11, 2011 11:37am
343 Views
Post# 19311036

Ridiculous

Ridiculous

JUNE/08/2011.....Jasper Mining Corporation (the “Company”) (TSX Venture: JSP) is pleased to announce that it has entered into an investor relations agreement with Beaumont Capital Corp. of Calgary, Alberta (“Beaumont”). Beaumont currently owns 300,000 common shares of the Company and holds 50,000 common share purchase warrants. Under the terms of the Investor Relations Agreement, Beaumont will elevate the Company’s market awareness, investor relations and corporate communication activities. The services will include providing investor communication, corporate communication, public relations support and information about the Company to shareholders and qualified investors. The consulting Agreement does not require Beaumont to conduct market-making activities.

Under the six (6) month Agreement (extendible in three (3) month terms), Beaumont is to receive $5,000 per month, be reimbursed for related expenses, and has been granted stock options to purchase up to 300,000 shares of the Company at an exercise price of
.26 per share for a term of three years expiring on June 2, 2014. The stock options will vest as to 25% of the total options granted in three months, with a further 25% of the options each three months thereafter. In the event of the termination of the Agreement, all options would be cancelled after 30 days.

Since June 8th the share price is down about 35 %.  We are still in the dark as much as ever.  You have to ask yourself if Rowell is even in the loop as to what is going on with the company  ??  All he can offer investors is speculation, and we don't need any more of that.  The only reason Dixon hired Rowell in the first place was, to field angry calls from investors, so he wouldn't have to. ( SAD )   He is probably the only one in cow town that would take this job.  You would think that he is not that stupid to take an extension, as it expired on Dec 8th 2011. If Jasper wants to continue to lie to investors, Dixon and Rowell should at least get on the same page.  They make each other look bad.  I am sick and tired of getting conflicting stories, and constantly wondering which one is lieing to me.  At this point , I will go with BOTH.   I truly believe that Dixon gets his JOLLIES by Dicking people around.   As they continue to play their little mind games with investors, somebody in the organization with some decency, should come to the realization that this is serious business playing with peoples'   minds and money.

Bullboard Posts