RE:Re-Marine2's postings on various boardsM2,
It's not my practice to pick on any poster, as long as the poster has a a good intention to contribute. As I said in the previous post, criticism is fine if it is done for the purpose of improving the company performance. I have been hub leaders, at President Plus level, of other bulletin boards and has the authority to remove offending posts, posts that violate the basic rules for that board. But seldom I would use the authority to do so without going through some discussion with the individual poster, and other hub leaders.
Generally, I am in favour of free speech, within the rules of common sense and decency. If anyone has a good point to bring out, lay it all out, with supporting facts, then we can have a good discussion.
In this age of fake news, I would take exception if people starting spreading rumour by stating something like
"I thought something was happening, ...or some people said something is happening to company X, not sure 100% about this, but the company seems to be in some kind of trouble, blah, blah...."
then that would be considered as passing the line on the sand. Whether intended or not, a rumour has been started with the author trying to avoid the responsibility of spreading the rumour.
If one is not sure about something important to a company (like a trade suspension), call the company IR to confirm before posting.
Yes, I did put you on ignored, but changed my mind lately, since I want to see what you have been up to. That how I found out about several of your recent posts which I commented on.
If you already sold AZX, then just move on, why waste your time bashing it here. Also, be selective about what you are posting. Also, keep in mind that quality is much better than quantity.
PS, BTT/AZX A Quick Comparison:
- BTT: This is a highly speculative company, based on the potential of developping the old Hackberry Mine. Before the the financing in Feb 2017 for ~$1.2M, it had $232 in cash a much larger debt and a working capital deficiency of $185,186 (see Oct 31, 2006 financial filing). Currently it has no resource estimate, not even a historical one, no current drilling (may be later in the year) according to the March 2017 Corporate Presentation. Currently, it has ~$1M cash, but drilling is big ticket item hence $1M won't last long. They will need further financing soon, hoping that the SP will stay up, or it will be big-time dilution for more money. Just my reading of this overhyped situation.The SP could go up, but it could come crashing down if drilling does not prove high grades compared to grab samples.
- AZX: While the share count is high, AZX has 2.5 MozAuEq in the ground (it's found and not going anywhere). The company has ~$7.0M cash (not in a near bankrupt state like BTT). Disvesting of non-core assets (1M ozAuEq) would bring in significant amount of cash to make Swiss cheese out of the Caddilac Break properties.
GH