Tantalex Lithium Resources Corporation C.TTX

Private placement is closed

[stkinvestor75]

guys

read the PR. The PP is closed. They just provided some extension of time for the investors to pay. 

So monday evening expect a PR stating the PP was paid.

Then, if we're lucky, maybe some PR on results depending on quantities they received from lab. At a minimum, we need some update on lab essay situation,no doubt about that as respect for shareholders

[KozmoT]

Put it this way - if they put out a NR concerning the PP and that NR, like the last two NR's, does NOT so much as mention what happened to the missing assays - it'll be over-the-top suspicious and something has gone seriously wrong.  Its seriously messed up that the company still hasn't disclosed the results... but then again, this has happened before with this company hasn't

[Marathonrunner2]

This post has been removed in accordance with Community Policy

[KozmoT]

Um according to the NR it was the company itself ... (“Tantalex” or the “Corporation”), is pleased to announce that it has closed a non-brokered private placement for gross proceeds of $500,000 (the “Offering”). The Corporation agreed and purchased common shares representing a subscription price of $0.10 per common share... " According to that, they just sold some heavily

[Sylt1204]

Something will come, the management collects shares because they know that in a short time the price will explode. Sounds great, I am not envious or begrudging, I have enough shares and the management should also make their profit, we will all cheer and celebrate together. The whole company and the shares are all set to go up. Everyone should earn here, it's ok for me, At AVZ, the management

[KozmoT]

Sylt, just FYI the last trade done by an insider (management) in the public market was a dump of 1,400,000 shares by a guy named Eric Allard - does that name ring a bell?

[Bmobmobmo]

Maybe he needed th money for personal reasons and had not other options, does that ring any logic?

[Sylt1204]

I looked again, I could not find any relevant share sales from the management, however, they also issued themselves shares at 0.01 CAD, back then before and after the long trading halt in the time when the financial reports were not prepared, I mean so in the summer of 2020. But the management would be very stupid if they sell their shares now, they can't sell the amount on the market anyway

[Marathonrunner2]

This post has been removed in accordance with Community Policy

[stockman2021]

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[KozmoT]

He dumped 1.4 million, roughly 20% of the holdings through 3IM - here's the record just so you don't think I made it up ... Interestingly it was late October, right around the time the assay results were supposedly due. Filed 2021-10-25 16:29   Tx date 2021-10-18 $TTX Tantalex Resources Corporation (formerly, Lynnwood Capital Inc

[StockTrader2018]

This is the complete picture. Now stop talking nonsense and look at how much he still have. Shares Traded: -1,400,000 Transaction: Sell in the public market at $0.09 per share Value: -$119,000.00 Shares Held: 6,245,575

[StockTrader2018]

I dont like to call anyone idiot but some people do cross all limits of stupidity. Have you seen how much Eric still owns?