For my fellow Yh posters......Welcome back again my friends. If you've decided to come & visit me here, then you've made the choice that what YH is doing in terms of their ridiculous censorship with the dessimination of information around this company is unresonable and therefore not acceptable. Also, i assume you're very interested in what i have to say or you wouldn't be here. So welcome & enjoy this new platform. My hope here is that the Stockhouse mods have a more reasonable head on thier shoulders and will allow a more open discussion in what we invest in. So without further adeu, i've re-posted additional commentary below that was DELETED by the YH mob squad just 48 hres ago. Enjoy!
"Since i've been basically flagged & blacklisted from posting almost anything here, i will attempt to another time at the risk of being censored again. Aside from the fact that i'm seeing a lot of dubious posters and strange commentary, i think most of the people here are missing the point regarding the negatvity towards the company. I wouldn't be surprised if the company has gone into some major damage control and hired some PR folks to monitor & post on several forums to improve/protect the company's rep. Just so many crazy comments coming in which don't make any sense.
Looking at the overall commentary, i find it completely nauseating. I just think people don't realize what has just happened or maybe they really don't care. As much as i enjoy & approve of the contribution of valuable posters like Osiris and a few others, i just think in this case they are way off the mark and missing the point. I know they like to keep stating fundamentals and the reasons why to invest in a company like DMG, as i've done many times in the past as well, it's really NOT about that this time around. It has nothing to do with the strong base fundamentals, the continued postive operartional developments or the advantages of DMG compared to others. We are not idiots (or at least i think most of us are not), we know full well why we invested in this company in the first place. So ALL these wonderfull points, stats, facts & figures that have been highlightened recently by them and used as justification by some to either not sell or hold isn't anything new. WE KNOW ALL THIS.....but it is NOT about that at all.
The SPECIFIC problem here is how the 2nd portion of that PP was badly handled, unreasonably forced upon s/h and now it seems being quietly swept under the rug. This is the CRUX of the exasperation, disappointment and ANGER towards the company's mgmt. NOTHING else figures in here. Investors who've been around the circus often and who have a lot experience in these markets KNEW of several KEY things that happened here. One, the company had plenty of cash from the 1st PP (which btw was beneficial for both the investors AND s/h) to FULLY implement their Phase 1 plans.....PLENTY. Two, there was absolutely NO reason to rush the remainder of that $100M prospectus, they could have absolutely taken their time with it. Three, the timing, they did the financing at the worst possible time from a position of weakness & disadvantage. If they would have waited a few months when the environment was better they could've commanded from a position of strength. They would have been able to raise the same amount of money with issuing 4X less shares. This is how well planned, efficient and accretive financing is done. They should have taken a page from Hive's playbook. Lastly, EVERYTHING around how this second portion was handled was very suspicious and definitely questionable from all angles.
So in the end, for the savvy investor or long term holder, the handling of this placement raises a very important question. Was this done out of incompetence and/or bad mgmt OR was there some nefarious component at play here OR maybe a little of both? Any way you look at it, anyone with some common sense and half a brain CANNOT defend or justify that PP. Jesus, the backlash must be so bad they're EVEN backdating & fidgeting with their documentation on Sedar for christ's sake. How can Sedar ALLOW such a thing to happen?
It's sad to see the stock being crushed to these extremely low levels, it didn't have to be this way if the company had done things smart, right. Those here defending the company's decision to have approved this PP are probably the same dopes who are always writing the same, repetitive positive commentary & glowing reviews while completely disregarding ANYTHING that could possibly be concieved as negative or undesirable. Even if it's jutified. Always remember folks and let this be a lifetime lesson to everyone, especially the company, that EVERY decision you make has consequences.......and this specific one was devastating."
*Please note the last paragraph isn't exactly a carbon copy due to me not saving the entire post. So even though what it written there isn't completely indentical, it's the best i can recall from memory and the context of the message remains the same.
"Rage, rage, against the dying of the light"
DT