RE:RE:10,000 flushes, rollback paper, flowthrough, rinse, repeatThank you for clarifying the flowthrough dynamics, Maxmoe; you're absolutely right and I am not a young sprite anymore. That type of market rickery cannot actualize without issued paper swapped into actual cash which requires liquid upswing, to then be reinvested for units, often with a warrant at reduced prices. Given the circumstances, I wouldn't discount the possibility of future pikey swaps for flowthrough should a day of liquidity and upward movement ever come. Ah, the riveting world of tax deductions and mining expenses, where even CEOs like Paul McGuigan of Cambria Geosciences Inc. can get in on the fun. Picture this: in Canada, subscribers can claim deductions with flowthrough, while mining expenses can be as mysterious and lucrative as a hidden treasure chest. But wait, there's more! In Quebec, they've got something called Superflowthrough or, wait for it, the Supercharityflowthrough, offering a 3X benefit for the savvy investor or fund. It's like actually finding the pot of gold at the end of a Canadian rainbow. If any of these magical mystery moves actually happen, you can bet your last lucky poutine that it won't be in a news release.The hangover reality is the cost of shares tend to plummet faster than a hockey puck on ice, while tax benefits stack up higher than magnetite supply. And let's not forget about those juicy warrants popping up like stocking stuffers from Santa's bottomless bag. In short, the bigger the investment, the harder the junior stocks get slapped around in the market. Common knowledge for those in the business and show up in Toronto once a year. Years past abound with flowthrough joy, now we hate it, and today the short selling, its the best time to average down blah blah.
When it comes to insider buying, I'm all for it, especially when it involves cold, hard cash. But alas, that seems to be as elusive as a Sasquatch sighting in these parts, if you ask me. It's like trying to find a needle in a haystack, or worse, a loan from a used car dealership. Now imagine: a responsible and capable public company with heaps of potential, just going through a bit of a rough patch. Wouldn't it be grand if insiders showed some love with their wallets? It's like adding maple syrup to pancakes—it just makes everything better. Ah, integrity, that elusive unicorn of the corporate world! You've got to admire those companies that resist the temptation to devour their own shares, even as the share price plummets like a lead balloon. It's like watching someone on a crash diet passing up a slice of cake at a birthday party—commendable, yet bittersweet.
And let's talk about transparency—or the lack thereof. maybe like navigating a maze blindfolded. Departed insiders can do what they wish with stock sales, and consultants have no obligation to report either. Rollbacks, management musical chairs, advisors vanishing into thin air—it's like a game of corporate whack-a-mole, only nobody's winning any stuffed animals here. And let's not forget about the mass re-dilution. Now, call me a wannabe stock detective, but when the signs point to manipulation and excessive servicing by the the controllers of Vanadiumcorpse destiny, it was time to grab my deerstalker hat and bolt for the exit.
In the grand scheme of things, it's a classic tale as old as time—the junior markets, where dreams go to die and investors learn to expect the unexpected. It's like Groundhog Day, only with more financial ruin and fewer laughs.And hold your horses! If you're under the illusion that those magical mountains of shares, options, and warrants are simply exchanged for honest sweat equity, well, you might want to check your compass, friend, it might be prudent to delve deeper into research or revisit stock market fundamentals.
The adage "Better a slice of a loaf than no bread at all" rings true for me. How does a loaf move husk forward or taste when nobody visible possesses a tangible slice? Remember the good ol' days when shareholders were on the edge of their seats, anticipating groundbreaking deals with big-name companies or wondering whats next for our scientific breakthroughs?
But alas, here we are, left with nothing but some battery electrolyte made from randomly sourced vanadium and tech that's about as popular as a bath robe for Christmas. And where oh where is the chant of building shareholder value? It's like the ghost of Christmas past—just when you think it's about to make a comeback, poof! It disappears faster than battery breakthroughs in Europe. Perhaps we'll hear that magical chant again once the last stragglers are escorted out the door or when the company undergoes yet another abrupt consolidation of shares.
In the last few years, time has been doing its thing, unraveling the mysteries of Vanadiumcorpse like a true detective story. Maybe one day, a brave and capable crew will swoop in with pockets full of billions to rescue this sinking ship before the senior stock hungry gang runs out of treasure and loses more mining claims. Let's not forget about the long-term potential here! Mineral resources, licensing opportunities—the possibilities were endless and now trying to predict the bottom is like trying to catch a greased pig at the county fair. There were less than ten people interested in a new AI CEO, surely we can rustle up enough enthusiasm for a crowd-funding campaign titled "Saving Vanadiumcorpse,"
Feel free to challenge my perspective.There don't seem to be any real shareholders left to discuss and debate much of anything anymore. In my humble opinion, the real investor interest croaked back in Q1 of 2021. Those who clung on like barnacles on a sinking ship are now either financially filleted, pushing up daisies, or walking around with their full-bodies chapped and flaking from licking their wounds. It's been quite the adventure, hasn't it?
GLTA, VITF