GREY:NMKEF - Post by User
Comment by
mick1888on Jul 20, 2019 5:35pm
121 Views
Post# 29943350
RE:RE:RE:I am more than convinced now....
RE:RE:RE:I am more than convinced now....JoeM, as far as I am aware the corporation should contact all existing shareholders with an options offer that includes a closing date, quantity entitlement and price.
Pleas correct me if I'm wrong anyone.
joeman wrote: I'm holding shares bought at higher prices, how do I qualify for the 0.25 offer?
lost a lot of money on NMX so far as I sold a lot at a loss. ? Contact investor relations at NMX?
mick1888 wrote: Hmmm....CC. Bit disingenuous me thinks. Yes, I am long and yes, I will be taking up my share option (@0.25) and yes, I will be making up the losses on my existing position through this 'gimme'. Whether I re-sell or hold my options (to average down) depends on the circumstances. But what I do know is that once you accept the requirement for additional funds to complete the project (whether mng had prior knowledge or not), then move on and realise the new financing is as good as we could have hoped for.
Based on Capital Eight target - 0.60/0.25 = MAKES UP MY LOSS OVER THE LAST 12 MONTHS..... ;-D
Thereafter, I have years of mining and chemical production to make my profit.... ;-D
GLTA
CanadaCoin wrote: ....that you CANNOT make money on a Canadian mining startup!
Wise advice -- invest during the DISCOVERY phase and sell before the FINANCING phase!
Major Canadian Retail Investor Loses...
- Newmaska Lithium
- Orbite Technologies
- Stornoway Diamonds
- Canada Lithium
- Bloom Lake Iron Ore
- Mason Graphite [well on it's way]