RE:RE:RE:RE:RE:RE:WHY Analysis & SP Target Mining - ignore the troll . It's typical of this sort of jerk ! They can't take criticism they get angry when you disagree or when they are asked tough questions like " give us a breakdown of head office expenses" . Or show us where Marasco has bought EQUITY hence takes the same risk with his own money as other shareholders!!!! What are these huge automotive expenses ? No you won't get these answers .
True Patriot / dmacd tries to blind us with figures All of which are estimates /guesses at best of what theoretically could happen and spouts cr@p like " I've never seen a co with so little debt " when Why is crippled with debt . Idiot ! debt is 50% of the market cap but I guessed he missed that .So much for the junior mining expert and seasoned investor who can't even read a balance sheet .Those my friends are FACTS not conjecture like NPV , o.5 risk ,near ( hence not real ) permits and all the other assumptions you make.
WHY have had a run in with the regulator over the fake bid and certain people are walking a very thin line when it comes to the misleading the market .
People calling others manipulators is a dangerous game .They had better have facts dates times trade data names etc to back these statements up - or quite frankly shut up .
If this was truly the undervalued gem of the decade worth the same as a major company on the NASDAQ the world would know about it .
Do you really think the only person who realises this is the cheapest stock in the world is dmcad ?and that no other mineral company , hedge fund , commodity venture ,institution with desks of commodity analysts ,fund manager or investor has seen this if it were true? No only Dmcad sees it !BS isn't it ?
But Lets say it were true. Why on earth would you come on here and yell it at one and all ? You would shut up and you and all your friends would buy up all the stock you could get your hands on .Quietly building a nice stake to make you that fortune not screaming about it on here and spoiling your own market.
The anger and vitriol says it all -" what idiots you all are this is going to rocket !! so so cheap buy now ! Last chance at these levels " type of comments REALLY ?
The company is in a perilous financial position and each year the accounts are qualified that is to say the accountant signing them says WHY is only financially viable IF it is able to continue to raise money from shareholders ( implying if it can't it is effectively bust )
Fund raise after fund raise fails ,BS spouts from within . Price falling .According to the PEA licences expired feb 2023 ( please correct me if I'm wrong and direct me to a public statement to the contrary ) so how long can this go on ? At what point will the accountants refuse to sign off?
Hey - tell you what heres how to reduce the debt of the company.Recently one of the creditors was convinced to swap debt for equity. So all Marasco needs do is convert all those high priced loans he's given the company at huge interest rates into shares .I'm sure shareholders would tolerate the dilution to clean up the balance sheet.
If it's good enough for the creditors it's good enough for him.Then he takes the same risk as equity holders and actually does have his pound of flesh in the game.And pigs might fly !
5 days to go till the end of fundraise . Let actions not words speak the truth .
Happy to re asses my views but only if things change and fund raises and licences come good .Good luck to all I hope everyone involved makes money and no one is cheated or lied to.