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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 27, 2024 4:41pm
42 Views
Post# 36198373

Director stock options

Director stock optionsSo riddle this Batman, Company sells last silver property for Fortuna Silver for Magical Beans, NSR and today anounce stock options on 6 million shares at a cent, one penny! They being the directors position themselves cheaper than the shareholders , sure the stock is offered at 1 cent but no real volume, So that 6 milion paper grant option is 9 percent of the float! As there is only 65 million out, what a way to paper yourself into a deal and get paid with the royalties from this recent deal and the one back 8 years ago, for 60,000 dollar exercise of the 6 million at a penny U take 9 percent control of the company at a cost waaay below those of boiled over shareholders the last 8 years, the Venture exchange should be called the Vulture exchange as the carcasses of shattered public shareholders get picked over by Greedy Directors who just cowboy their ways to pay and profit
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