TSXV:WMG.H - Post by User
Comment by
Sherry35on Mar 05, 2023 12:35pm
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Post# 35319992
RE:RE:Tunnel vision
RE:RE:Tunnel vision If I'm not mistaken reading this forum for several months, every reporting quarter has been overdue for the past 4 quarters WITHOUT A CEASE TRADE ORDER from the TSX compliancy group, IIROC, BCSC or SEC. So, these groups have been instructed by a higher force to allow trading to continue while they investigate/audit the financials. Perhaps one of the executives brought some baggage from a prior activitywith him based on the SH WMG posts by one particular influencer.
So, is it gov tax agency (IRS/CRA) auditing the financial books, RCMP Div 6 white collar crimes unit investigating fraud or another gov branch looking to fund the development with tax payer money? A private investor or institution wouldn't delay the financials for several quarters.
I have no idea but in the end the WMG needs money to cover the liabilities, move the pilot plant and find a home in Nevada, complete development, source Mg ore in large quanitities, lab testing, waste facility and commissioning. Will my wet finger calculation of $10M CDN hold up for first pour?
PS - In all sincerity, you did a great job on the control burn of the share price from the run up to ~80 cents to keeping it at 10 cents for the past several weeks. If you go back through my posts around the time you threaten me personally, and others, with legal action you'll note my comment "control burn". Statistically speaking given the O/S and YUGE float the stock price should have been at 1 cent. Have you exhausted all the promo companies ?