GREY:MGXMF - Post by User
Comment by
Metalhead99on Jan 06, 2019 9:35am
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Post# 29191726
RE:Assets in the ground $$$$
RE:Assets in the ground $$$$There are enough explanations and/or excuses for the deteriorating share price in 2018 without looking to blame the spinoff of Zincnyx. I would say that revenue taking too long to come, and getting PL units deployed into the field taking longer than expected, would be enough. But then, you couple that with a bloodbath in lithium stocks, and most miners period, in 2018, you definitely have enough explanation for the share price.
Tcheck wrote:
departing from zincnyx didn t seem a good move .it took value away from xmg. The mothercompany. I think ithe move correlates with the sinking shareprice we experience.even if xmg still owns 70% of That asset i think.
anybody else who thinks the soft shareprice has to do with spinning off of zincnyx?
i dont know if questrade will grant me automatically the promised shares in the spinn off.
i hope yes.
For me the splitting is a hassle.