RE:RE:RE:RE:RE:RE:Getting boredBrainheater wrote: Don't pay attention to the schills. Greenstone or one of his pals wants to buyout at 200% of the last 200 day average. I have a question, if you were buying the company wold you rather pay $2.30 US a share or $1.70? I have been doing this fore ever. I just know when the big boys have you in play.
Please don't tell me such behavior is illegal. Spare me, billionaires do what they want within reason.
i have learnt my lesson. You can follow Greenstone when they invest in exploration companies. I hold positions in other mining cos that greenstone holds a major position. in this case we had a five bagger ane I was planning on holding for another 5 to 8 100% profit on top of that. Bail out before your investment might turn into a profitable junior because Greenstone wants the rest. The funds want retail to share the risk, but they don't want to share the reward. My money will stay here till i get paid. I sincerely had exmgf allocated as a 5 to 10 year+ hold. Sincerely hope I will apologize for this post in the future to Greenstone. Just don't think it is likely.
Check out the price action last November/December. EXMGF went from $1 to 75 cents right before they announce the private placement of shares. My cynical brain tells me we're seeing it happen again. Contrary to what I'm hearing that the capex raise is going to be all debt, there's probably going to be a big piece of equity in the capex financing. Just my cynical opinion.