Reset or sell out?That's basically the only two viable options left for this trashy operation. The only two options which would leave poor decimated shareholders with something in their pockets.
There is a 'third' option, but it's an option of last resort really and don't think we are there just yet. And trust me, investors in the company.......really....... don't want to end up in that dumpster fire of a mess, should it eventually go there.
What is that you ask? It shouldn't be that hard to figure out, but it starts with the Big B and rhymes with Celibacy. Now you get it! And Yeah, you don't want to be caught it that 5 Storm.
So yeah, the only two options left really, is a total reset of the company or just basically sellout......partially.
Selling out would've been a half decent outcome for s/h, a year or two ago. Now, the company would get almost nothing for their assets and just mere pennies on the dollar. But nonetheless way better than the BIG B.
The Big question therefore, is, would anyone be interested in buying out DMG's unprofitable mining operations up there in Canada?
Doubtfull for many reasons, but if the price is right, or cheap enough lol, maybe one, only one company might bite. I know who that would be. Do you?
But then again, selling out would mean poor Shelly & crew would be out of their cushy jobs and no more generous salaries & bonuses. So yeah, i don't think Shelly would be firing himself any time soon.
Total reset then? Yep, the most likely option & outcome in my mind. Once the money raised a few months ago runs out, if hasnt already, then the next phase of the reset will occur.
They'll need to raise much more than the paltry $15M they did the last time. And no one, and mean literally no one, not one decent, credible investor will give a highly speculative penny stock like DMG the timeof day. Let alone some decent captial to reset!
And of course, the reset, should it occur will come with all those wonderful amenties like a huge share consildation & further massive dilution at bagain basement prices.
Do you guys really want to go there?
If not, then you know what to do
Dump this before it dumps on you!
I even gave you an excellent alternative, should you wish to remain invested in this sector and profit from it.