GREY:ALXDF - Post by User
Comment by
Shylockon Mar 22, 2019 6:18pm
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Post# 29525573
RE:RE:RE:RE:RE:RE:RE:RE:RE:Something up--over 3,100,000 Traded not even 11:00 Mountain
RE:RE:RE:RE:RE:RE:RE:RE:RE:Something up--over 3,100,000 Traded not even 11:00 Mountain
GBU -
Where exactly was it "claimed" by current AZX management AZX "they had a sale???"
I am aware of no such statement.
What I am aware of is that IF a potential for a sale which maximized shareholder value came along, the Board would certainly consider it along with any other option that was in the best interests of shareholders.
Unlike the previous "CEO" who thought he ran the show and believed, as demonstrated by his actions he was accountable to neither the Board or shareholders, the current Board understands they serve at the behest of shareholders and are bound to act in their best interests. An outright sale is one of the possible options that would maximize shareholder value through a rise in the share price.
Other options would be further good news through drilling, a JV with a major or even an up-and-coming junior or mid-tier, selling non-core assets, etc.
As far as blaming EO, who would you blame? Recall what the share price was when he pulled his little stunt.
And as goldopp has pointed out, the market capitalization of EO's current employer has tanked since his entrance upon the scene.
Was that a coincidence? No. Heck no!
There are no coincidences in this game. 2 + 2 = 4, not "about 5." The gold miners do not use Common Core math, so-called.
https://www.zerohedge.com/news/2017-07-15/3-examples-show-how-common-core-destroying-math-education-america