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QMX Gold Corporation V.QMX

QMX Gold Corp is a junior exploration company. It is engaged in mineral exploration and evaluation properties in the province of Quebec. The Company is focusing on the exploration and evaluation of its gold and base metal projects within this region. It is also focused on the Val d'Or mining camp in the Abitibi District of Quebec. It holds the Aurbel property and holds a 100% interest in the VMS properties.


TSXV:QMX - Post by User

Comment by flashcashon Jan 22, 2021 1:49am
127 Views
Post# 32356948

RE:Not a Good Deal

RE:Not a Good Deal
PappyGallo wrote:

I can not believe the low ball offer.   QMX is worth much more.   I hope there are enough shareholders that can vote this down.    

Poor governance.   I have to see if we can have a class action suit against QMX Management.  



We will have to wait to see what the major share holders have to say, it's normally a low ball offer anyway first, but there is a balance between fair value and asking for too much. I suspect we are offered less than the assets are worth but we need to negotiate with cool heads. 
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