Post by
Magrath101 on Mar 28, 2018 6:01pm
News Release
Part of news release states. Mr Owens' investors were offered shares in the range $0.04 cents on an after tax and after warrant cost basis, while Mr. Owens had knowledge of an ACTIVE STRATEGIC TRANSACTION BEING CONSIDERED AND NEGOTIATED BY AZX. '' Why were they negotiating a strategic transaction without having the results of the final resource estimate in.
Comment by
mal297 on Mar 28, 2018 6:09pm
Why not? Can still begin negotiations with various scenarios depending on results of RE. Easy. Would not be in best interest of shareholders to wait for RE and introduce unnecessary delays.
Comment by
mystique1 on Mar 28, 2018 6:14pm
Why before the RE was released? Well, maybe Owens, as CEO, might have had the results of recent drill holes/assays still not circulated to other management/board members, whereby he could seruptiously set up placement benefitting himself and secretly passing the unpublic information to the other company.