GREY:NEVDQ - Post by User
Comment by
patchhon Jul 02, 2022 9:40pm
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Post# 34797724
RE:RE:Why would PALA buy ??
RE:RE:Why would PALA buy ??thats not what went down... Payla or Lorich has been floating loans to the mine w limited draws around 30 million; they hav been snatching warrants and stoks + 8%% short term loans..
there are several un-answered issues as to how many shares Loric actually owns.. they buy and then sell @ auction on the frankfort exchange - after hours.. we really do not kno who the real owners are..
the hedge funds sold out many moons ago - blackrock - etc... then scotia bank has been coming in w these BS loans - breaking loks on stoks - selling; there appears to B a putz on the large big seven banks on the TMX...
its bazzar ! SSbank brought 40K last bell at market.. they are in for around 77 on an over allotment; they never had enufff volume to sell these to cash settle thru first fidelity in Ca /Dsejarding - agents; part of the last short finance package..
the mine always comes in w a few pennies and goes short around june july requiring a new finance pack/dilution..
that dyke was simply bad toss of the dice.. Payla has apparently been floatinf a surety bond w KiWi bank in germany..
they may elect to deep six the mine due to impared asset - collect their bond and wipe the shareholders..
as investors - this one is a real LuLu !
payla has made a lot of money on these finance packs.. hwv - Loric owns a considerable amount of the common and will take a very large loss if they do not find a 65% earned interest investor -- pak the bank acoount with 500M$; start that OP..
oayka investments owns Postash mines.. a couple down in the Caymans and the Potlatch Mine in Idaho (very large millions of tonns).. they also own a chunk of as streamer and several other gambits.. thye are not broke..
ahw - this last finance pak was crooked as a banzi tree.. hey FUBARED w this water leak and apparently they cannot control it..
has payla gone w traditional finance -we- would not have this problem w a reputable finance company mine partner..
Solway is a money laundry washing machine -- Frankfort thru the instinet/asia; morgan ITG Vuze (CBOT/CME)..
there is a huge slushy working this pink slip (TMX)