Post by
Rogg47 on Nov 13, 2024 2:50pm
Another FAIL by our "beloved" Management...
Adding to a "nice" collection of bad moves, they've lost in their MAE position, selling them at the bottom, RIDICULOUS!!... From the latest Interim Financials on SEDAR:
NOTE 9. INVESTMENTS
"As part of the sale of Point Rousse (note 3), the Company received 23,970,218 common shares of Maritime valued at $1,078,660. The Company accounted for its investment at fair value through profit and loss. The Company sold all common shares held in Maritime in the nine months ended September 30, 2024, for proceeds of $842,577. Based on the realized sale price, the Company recorded a loss on investment of $235,913 for the nine months ended September 30, 2024"