OTCPK:MALZF - Post by User
Comment by
MarlinLongon Apr 12, 2018 10:37am
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Post# 27872852
RE:RE:RE:RE:Very Significant Extensional Drilling Results at Pearce Hill
RE:RE:RE:RE:Very Significant Extensional Drilling Results at Pearce Hill
I agree the value has been unfolding for several years now but the market refuses to notice or care. Unfortunately we are stuck in secuirties purgatory as a hybrid public/private company without quite being either.
I am not sure how we get out of this dilema of Wexford owing 80+% of the shares which is why I have changed my thinking on this and now feel a sale of the company is the only way we will get anything close to true value and not via the public market.
I am not convinced continuing with this quasi roll up strategy will gain us any more traction in the public markets. Hofefully new director Kaelin with his M&A experience is being brought in to at least consider selling the company to a bigger player who can create value with Marlin considerable assets.