Post by
ramblersrest on Nov 01, 2015 11:50am
Is MTO being taken out ?
The investor of this PP can get 1/3 of the company for 4 mil .....A further 2 mil would pretty well get him over the 50% mark .....Jettison the management and BOD .....Looks like a good deal to flip it to OBM for a quick double and a steal for OBM ....
Comment by
tsoprano1 on Nov 01, 2015 12:55pm
A buyout at .08 US and they can have my shares. Rescind deal and I may be back to being a buyer. I would hope this deal is enough to get every shareholders to vote out the BOD. After that management will be next with a civil lawsuit to follow them. T
Comment by
Matagami on Nov 01, 2015 12:58pm
tsoprano: what you say is just words. Nothing will change.
Comment by
Matagami on Nov 01, 2015 1:10pm
Since how many years these management members earns $ 200,000 a year? They must be close to had win 1 million each.
Comment by
Ontario1 on Nov 01, 2015 1:06pm
I would not be surprised, if the PP is done in only a few days. For OBM this will be a great deal with cheap ounces of a producing company.
Comment by
goldminer01 on Nov 01, 2015 1:39pm
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Comment by
u2bob on Nov 01, 2015 1:43pm
Remember how well the deal in Ontario worked for Oban WHEN TRYING TO TAKEOUT TME not so well...I think they will not sit around and wait for someone else to step just make a friendly offer and get it done !!! if they want to be a camp consolidator !
Comment by
goldminer01 on Nov 01, 2015 3:42pm
This post has been removed in accordance with Community Policy