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Plata Latina Minerals Corp V.PLA

Alternate Symbol(s):  PLLMF

Plata Latina Minerals Corporation is a Canada-based company. The Company is undergoing a strategic review process, which includes capitalizing on the value of the Company as a clean listed shell with modest cash and cash flow. The Company is seeking new business transactions in the resource industry. The Company has not generated revenue from operations. It receives advance royalty payments from Fresnillo PLC (against Naranjillo Property). Its wholly owned subsidiaries include Plaminco S.A. de C.V. and Plata Latina US Ltd.


TSXV:PLA - Post by User

Post by capt1120on Aug 22, 2024 2:23pm
63 Views
Post# 36192219

Sold silver property to Fortuna

Sold silver property to FortunaWell this stock is done, they have sold two of their promising silver plays in Mexico to two silver Majors for cash and NSR, so the $$$ from the sales will pay for the directors salaries ann they will sit on their rumps as they have for the last 5 years from the previous sale of a silver property to the previous Major who picked their pockets, why be long this stock? There is no upside, they just are just putting salary in their wallets, NO other mining activity in this company the last 10 years, thats why its 1/2 cent to a penny, so much for shareholder value as there is none, just directors salary and security of pay. 
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