Post by
laroplex on May 30, 2018 6:04pm
RE:RE:Mahdia Gold Announces Changes to the Board of Director
Agree...."imho".....It seems quite clear the direction Mahdia is undertaking....Real estate they both are......reading between the lines...."conflict of Interest", that spun me for awhile.....they didn't quit..........All planned put.....They have lots on the line to lose here if it goes belly up.....Avalon can sucker us all....Chan....may be our savior......what i think....and as well as our friend Jerrio..... R/S....possibly 1 for our 10......low float now....say around 20 million s/o at now .10cents(post split) take or leave.....then do a RTO.....Do a $5million financing at my guess .25......and there it is.....we're back on the board with 1/10th less shares.....so for Smith and the conflict of interst crew will run like heck at possibly $1 a share.....this is my guess....probably the only way back on the trading board.....then again.....i could be totally wrong....doubt it though.....GLTA
Comment by
500wedge on Jun 18, 2018 7:05pm
Sorry to say the game is over. PDAC was a bust with many of the older big holders having already moved on. Not worth it as a shell due to the debt load hanging over which would have to cleaned up first. It's been a very expensive lesson in following the golden rule which is invest in management first. Hoping all who got fleeced hear make it up on other plays.