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Mineral Road Discovery Inc C.ROAD

Alternate Symbol(s):  CRSTF

Mineral Road Discovery Inc. is a Canada-based company. The Company’s principal business activity is the investment in mineral property assets in Canada and Australia, and the investment in mineral exploration and mining technology companies. Its mineral property assets include Allaru Project in Australia, Atlin-Rufner Property in British Columbia, and Leigh Creek Magnesite Project in South Australia. Covering about 810 square kilometers, the Allaru Project is located 80 kilometers (km) north of Julia Creek in central Queensland, Australia. It owns 66.7% of 1251797 BC Ltd, which owns 100% of 28 claims covering the historic Atlin-Rufner mine. The mine is about 23 km northeast of Atlin. The Leigh Creek Magnesite Project, located in the state of South Australia. It also has an agreement to acquire certain licenses that make up the Wheeler and Bergeron properties within the Labrador Trough Area of Quebec, Canada. The Wheeler property consists of about 245 claims covering 11,797 hectares.


CSE:ROAD - Post by User

Post by magnuswaveon Jun 05, 2021 12:27pm
202 Views
Post# 33336063

Media coverage should start soon

Media coverage should start soonWith the recent media coverage of bridging finance and how negative the public reacted to that scam , how long will it take for the media to pick up on this story.  Never in my lifetime have I ever seen such a blatant disregard for shareholders.  With the stroke of a pen Collins has cemented his reputation as someone who can never be trusted again.  He should not be in the role of ceo.  You cannot expect the investing public to ever support any of his deals going forward.  I certainly hope regulators are looking at this. Even if the rsu bonuses were legal, certainly the board and ceo would know the implications of raiding company assets.  That rsu should have never passed without more oversight and should have had caps as to bonus amounts.  The whole board should go as they clearly lack morals and ethics.  All shareholders should receive prorata shares in investee companies and they should make a fair offer for the remaining crest assets and wind up this company.  I am holding out for fair valuation of remaining  assets then will never own another single share that Collins and board are involved with.  I certainly hope media coverage both locally in Newfoundland and national papers pick up this story.  This is a business school case study on lack of fiduciary duty.  
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