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MegumaGold Corp NSAUF

MegumaGold Corp. is a Canadian junior gold exploration company. The Company is engaged in the business of acquiring, exploring and developing natural resource properties, with a focus on precious metal properties located in Canada. The Company’s projects include Meguma Project; Osprey Projects-Goldenville Project; Osprey Projects-Caribou Project; Osprey Projects-Leipsigate Project; Caribou SW Project, and GoldCamps Project. The Goldenville Property is located in Guysborough County, Nova Scotia and comprises five contiguous unpatented mineral licenses totaling 137 claims (2,164 hectares). The Caribou Property is located 80 kilometers (km) northeast of Halifax, Nova Scotia. It also has interests in the Newfoundland Gold Belt Licenses consisting of seven mineral licenses, comprising over 3,025 acres in the Province of Newfoundland and Labrador, Canada, and thirteen mineral claims referred to as the Elmtree and Alcida Gold Claims covering approximately 7,000 acres in New Brunswick, Canada.


GREY:NSAUF - Post by User

Comment by FutureNowon Jun 01, 2021 12:36am
140 Views
Post# 33301341

RE:For Osprey Shareholders, Merger Has Been A Complete Failure

RE:For Osprey Shareholders, Merger Has Been A Complete Failure

blackgold14 wrote: In September 2020, when the merger closed, the stock was trading at 19 cents.  Today, 6-7 cents.  Pathetic.  For Osprey shareholders, the merger has been a complete failure.  Osprey would have done much better just going it alone.  While many gold stocks have come off since September 2020, Meguma has cratered very badly in comparison.  That's what happens when you don't have a strategy for keeping shareholders informed regularly and excited about the future.   The last news release was in November 2020.  WTF is this nonsense.  Management, time toi wake up or get fired at the next annual general meeting.  

Actually, if they don't announce news on the work they said they started a couple of weeks back, I think we should report them to TSX, anyone have experience in reporting a company? do I need to get my lawyer involved or do we just fill a form as a start.

I'm sure they are getting approached by other companies to buy them out, sell the damn company if you can't handle it.
 

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