TSXV:WMG.H - Post by User
Comment by
RawSiennaon Aug 23, 2021 1:14pm
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Post# 33748932
RE:RE:RE:mlyf
RE:RE:RE:mlyfPapaJay10000000 wrote: A lot of this doesnt add up. As far as I can tell, this was litterally what they baised their evaluation off of in 2018 and now they're saying it's not part of the plan.
It feels like all their "Big news" isn't actually getting the company any closer to producing and selling a product.
What's the end goal to this if they're not going to mine MG? Why even own the mining claim at all if not? are they planning to sell reactors or something? How is this a $286 Million dollar company (based on current market cap) if there is no clear plan to produce value?
(Before you say I'm slamming the company these are important and legitimate questions that it seems nobody has answers to).
I think that's what a few of us are saying, lots of people jumpimg up and down giddy about lots of stuff, I don't see it.
Read the Form 10 from the Securities Commision. Can't make this stuff up. You can even see Sam Ataya's contract there...
If he gets fired for an "unjust cause" he wrote a nice 3 miilion dollar farewell clause into it.
As for executers claims about finances it all seems to add up as well although you'll prolly need an accountant to go over it as it's a large and complicted paper trail.
https://sec.report/Document/0001493152-21-018835/