RE:RE: My question concerns the people running the shop
It does not appear that Golden Goose Resources Inc. was sold to Prodigy Gold at a sizable profit, in fact GG combined with Kodiak in what appears to be an all share deal.
Vancouver, British Columbia and Montreal, Qubec – December 13, 2010 – “Kodiak Exploration Limited (TSX-V: KXL, "Kodiak") and Golden Goose Resources Inc. (TSX-V: GGR, "Golden Goose") report that the shareholders of Golden Goose have overwhelmingly approved the proposed plan of arrangement with Kodiak.”
OCTOBER 15, 2012 (Reuters) – “Argonaut Gold Inc said it will buy Prodigy Gold Inc for about C$341 million ($348 million) to take control of Prodigy’s Magino project in Ontario. The offer, almost entirely in shares, works out to C$1.08 per share based on Argonaut’s 20-day average share price and is at a premium of 54 percent to Prodigy’s 20-day average price, Argonaut said”
Again, another share exchange deal! Today Magino is a non-producing exploration project. Still not clear on history or what the CEO has been doing the last 9 years. He hasn’t been with Monarch that long. It is evdient by the link posted to the SEC that Golden Goose had violated rules.
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