Post by
vincentmtl on Oct 14, 2016 11:24am
I have some shares but I will vote for no to the proposal
I have some shares but I will vote for no to the proposal. It's extremely low price 1.5 penny per share for new fundraising. MNG gold is too greedy and they should take over the company. I don't support the take-over waive. For the guys holding shares, one possible solution is buy some more and level down the cost, in next month, vote against the proposal.
Comment by
Trallalainvest on Oct 14, 2016 3:46pm
Im Voteing in favor along with many other holders I know. Are you seriously not seeing the value of no debt and lower operating costs. Paired that with new co listing and solid fundamental financial statements. I need to calculate what my estimated fair exit price will be because after name change we are going see huge upside.
Comment by
claupier on Oct 14, 2016 7:58pm
I agree , voting against equal bancruptcy . This MNG investment is the best way for Aureus to go ahead with a clean balance sheet . Long term investment , GLTA
Comment by
simmosimosa on Oct 14, 2016 8:21pm
1.5 pence per share , not pennys. So placement is closer to 2.5 cents CAD per share. I'm assuming this should make the new bottom for a while. It's a hell of a lot of shares though!!!!
Comment by
Treetop2 on Oct 17, 2016 11:54am
This post has been removed in accordance with Community Policy
Comment by
louisc on Oct 17, 2016 12:23pm
MNG are not amatuers , they will own 77% of the company, which make the float small, assuming an eventual reverse split, if they mine 100K ounces at under $800 cost, own everything outright, this will be much higher in a couple quarters time time ....
Comment by
louisc on Oct 17, 2016 3:41pm
OK, treetop has been a basher here for a while, only shows up when something negative happens, but whatever ... this should be the absolute bottom here ....
Comment by
vincentmtl on Oct 17, 2016 12:35pm
I have prepared to lose everything, so I am not afraid of turning down the proposal. MNG Gold also. Currently, they are just intimidating the small share holders. Unfortunately, some small share holders knelt down their knees and is begging MNG to have something left over to eat. Miserable people. It seems if MNG wants 90% of shares at price of 1 Canadian penny, you will accept, Right?