RE:RE:RE:RE:David Whittle on BNNMcCloud. Shot term pain for long term gain? MPV is oldest stock in my portfolio.
It does not require a great deal of brain power to realize this is not a good deal for the shareholders other than one.
MPVD stock is at an all time low . A bad time to use shares for a purchase.
Almost certainly KDI SP will be considerably lower than it is now over the next 5 to 10 years (an agressive time horizon)
We could aquire KDI years from now if at all ( still very spec) . Anyone who has invested in mining stocks know that SP is going down unless there is a dramatic change to the indicated resource as proving up process proceeds.
So this puchase as someone said is Pure dilution. Long term pain for no appreciatable gain.
Makes no sense. The timeing is incredibly suspect.