RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:increase the share price vote for concerned shareholderPeople are referring to the "Veris gang" as if it includes Baldock. It does not. Even though, a director, his only other connections, are having worked for them and unwisely advanced $6 mill to them. The following, (from 1 year ago) suggests that, "ORIFER SA is owned by Francois Marland, same as Tulum..." and "after reading something GoldMet put out as a press release almost a year ago …it comes to he conclusion that Marland is probably the main principal in GoldMet …" <https://classicvalueinvestors.com/i/2012/10/letter-to-monument-mining-from-cedar-creek-partners/>
Orifer's rather out of date web site "orifer.com" lists Yukon-Nevada <> Veris Gold as part of their empire.
As a long time shareholder of Monument Mining (MMY) things don’t shock me anymore. We know that ORIFER SA is owned by Francois Marland, same as Tulum….but after reading something GoldMet put out as a press release almost a year ago …it comes to he conclusion that Marland is probably the main principal in GoldMet …how incestious does this get ….if anyone here has been following the PR’s of Monument Mining, and GoldMet lately…you wonder what is happening.
Francois Marland, who they call toxic investor at Monument and Veris, would like to gain control over Monument. He bought up bunch of shares through Goldmet. He was hoping that the Tulum financing went through because this would have given him enough shares to take control over Monument and sell it off in parts for a quick profit. But now his plan is getting screwed up because the Tulum financing is not getting done because the management realized what he was trying to do. The Goldmet share purchase was a total surprise to the management. So now he is screaming about the new financing being dilutive even though the Tulum financing was also dilutive but this was ok according to him. His opposition to the new financing is just an excuse to get other investors to turn against the management. He employs bunch of people who post on various message board to post negative comments about the management.
Also it appears that he is manipulating the stock price to keep it low so that other financing does not go through. Just look at the daily trading transactions and you will see what I mean. Every time the stock is about to break away from the trading range, there is someone supplying enough shares to keep it down. But when the new financing closes he will have to realize that he has lost the battle for control. There will be no more reason for him to be selling shares. The stock price might just recover once the manipulation stops.
What he is hoping for right now is to keep the stock price down so that the new financing fails and by suing the company he wants the Tulum financing to be brought back on the table which would give him control.
From my perspective, even if he succeeds in getting the company and selling it off, we will make money because the stock is so stupid cheap. If he does not succeed and Baldock continues with his plan even if he fails with Mengapur, we will make money because the stock is so stupid cheap. Just the current production from Selinsing makes the stock be worth about $2 per share.