RE:RE:RE:RE:RE:RE:RE:RE:Borborema Hey Mac!
Merry Xmas to you and your family.
I lost total faith in management when they sold the 8000 shares of TauRx to a private individual. I emailed investor relations, told them that I am a shareholder and asked for the same deal. They never got back to me.
I have been a Dundee shareholder for a very long time well before Jonathan became CEO.
Here is a timeline since CEO
2017
there were 55,701,603 Subordinate Voting Shares the average price of $3.
2018
Gold $1,269
Jonathan becomes CEO.
Stock never trades above $2 between him being CEO and Dec 13, 2024
2024
Gold $2,659
Subordinate Shares Outstanding 86,279,255
Options & Other Stock-based Compensation 10,091,543
DC.A Current Stock price $1.53
There are roughly 90% more common stock. Unfortunately it is half of 2017 and to make matters worse we no longer have really cheap pref equity funding.
I consider myself a long term owner of the company (I substantially increased my ownership based on TauRx) and am not going to give management a hall pass or pump the stock to juice price.