GREY:NEVDQ - Post by User
Comment by
TallTale101on Jan 04, 2025 2:31pm
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Post# 36387534
RE:hay iceburg
RE:hay iceburg Likewise, if any of the board members did anything to tip the business to Kinterra, then that is a violation of their fidicuary duties. Which also means that Kinterra needs to pay up.
Looks like there are only around 50 million shares not originally held by insiders. So should be pretty cheap for Kinterra to pay up. Likewise, would also be a good time for another buyer to show up and take the mine off of Kinterra's hands through the bankrupcy court.
If so, then Kinterra will get a good return on their deposit, more than enough to make it worth their while, even if they don't get to keep the mine