Post by
Cuisdafuture on May 21, 2024 5:24pm
Didn't know it was Christmas
Peter GIVING away our value like this.
The spread is a $150M share value gift, at our expense.
Terrible Business Peter, worst move to-date !
I'll hold but very upset at this unforced error.
Comment by
woody999 on May 21, 2024 5:28pm
Three insiders bought into it i think. Really stupid move. They should have waited til they need the money for Copper world project. this is reminding me of Copper mtn management, making stupid moves.
Comment by
Cuisdafuture on May 21, 2024 5:39pm
Why not pay the termination penalty and get out of the deal. Exactly what CMMC management would have done, they did worse ! Why not sell 50M Shares @ $13 for $650M $300M - Whatever F,, I'm mad !!
Comment by
Gmcdonagh89 on May 21, 2024 6:52pm
Rising Cu price I assume the company thought it was a good time to raise funds but I am not thrilled with the timing...it should have been done in conjunction with receiving permits at Copper world...now we have a 10 % of float looking for a home