GREY:WFEMF - Post by User
Comment by
kilgoron Aug 02, 2015 1:09pm
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Post# 23983694
RE:RE:RE:RE:RE:RE:large volumes and other questions
RE:RE:RE:RE:RE:RE:large volumes and other questions If we were all to step back and take a look at the bigger picture, Almonty
- has a thinly traded float of shares due to their share buyback program
- this given them the ability to manipluate their share price and overstate their value when taking over or merging with other companies.
- Almonty has already stated, that they want to become one of the global leaders in the supply of tungsten. The only way they can do this is through mergers and/or aquisitions.
- To accomplish this, they would have to reduce the number of available shares in the market place to control their share price, hence the probability of reducing the share price post merger is greater than price appreciation. This allow Almonty to buy shares at a cheaper price, only to repeat what they have done to us to the next starving victim. This is their true "modus operandi".
Dundee's role in all this is to serve up the mines to companies like Almonty. They get all the prep work done all on the dime of the shareholders like Wof, and then serve them up on a silver platter. Ned Goodman just did something similar with Barrack's board recently. He joined their board a year ago, only to find an opporunity that he could leverage for his own self-serving interests, and now left their board to startup something that is in a conflict of interest with Barrack.