GREY:ALXDF - Post by User
Comment by
Shylockon Jun 22, 2018 11:16pm
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Post# 28217352
RE:RE:RE:Re: AZX Proxy Battle: Bad Behavior Should Not Be Rewarded
RE:RE:RE:Re: AZX Proxy Battle: Bad Behavior Should Not Be Rewardedcruisemissle2012 -
Yeah, the guy may well be a shill. A few of the things he wrote and the subtle attempts to interject doubt just did not pass the "sniff" test.
As for selling off the company to the advantage of the board and no one else, it is not generally possible unless there was some fraud or malfeasance or at the least bad faith involved to my knowledge. We already know the company plans to sell non-core assets. The funds from these will be used to non-dilutively drill in highly prospective places, areas EO had not planned to drill but further information forthcoming after EO's departure as CEO showed HIS choices to be bad.
Any funds coming into the company would have to go legally into the treasury and not someone's pocket. These funds would then be utilized as above.
In the final analysis, a company is only as good as its management and that includes the Board. Of course, there must be a highly prospective deposit which is ultimately monetized into gold bullion and sold by either the company discovering it or the company buying the discoverer.
Either way, the price is reflected in the share price. We know EO was crooked and now he is desperate. I personally believe the Board is trustworthy and the new management coming in will be also assuming the Board does proper due diligence.
It is crucial to remember, as the Board wrote in the comments I copied into my post to the possible shill, that the property Alexandria controls is in elephant country and therefore the share price has a long, long way to go on the upside!
That is our hope and I believe a very reasonable one.
GLTA