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Bullboard - Stock Discussion Forum Amseco Exploration Ltd V.AEL.H

Amseco Exploration Ltd is a mineral exploration company. The Company is engaged in the exploration of mineral properties that possess potential for commercial development. Its exploration activities are concentrated on two mineral types: gold and graphite. It also pursues the acquisition of new gold and graphite properties that possess potential for exploration and development. Its gold... see more

TSXV:AEL.H - Post Discussion

Amseco Exploration Ltd > Share consolidation!
View:
Post by Mex2million on Jul 10, 2018 10:23am

Share consolidation!

Wonder why 20/1.. that means we will only have 5 million shares outstanding!
Comment by themacker69 on Jul 10, 2018 10:59am
I imagine so they can dilute it with a PP right after. IMO they reinstated this so the insiders could pump it up and sell to retail knowing what was coming down the pipe. Classic move no?
Comment by Mex2million on Jul 10, 2018 11:12am
That doesn't sound too good, I might have made a mistake buying this! I hope we get some news before the PP comes!
Comment by themacker69 on Jul 10, 2018 11:51am
Just my opinion Mex. I bought in as well but not to confident we will see .02 anytime soon. I hope i am wrong.
Comment by rhc374 on Jul 10, 2018 2:20pm
I mentioned this earlier, it was the only item on the agm notice.  It's why I left. One thing that's gotten people excited here is the presence of Jean Desmarais, and by extension, Power Corp. Check out the Bloomberg bio, from a google search of Amseco. https://www.bloomberg.com/research/stocks/private/person.asp?personId=9666256&privcapId=38839365 Nowhere is there any mention ...more  
Comment by Mex2million on Jul 10, 2018 2:53pm
So far I am disappointed here, and now with a 20/1 consolidation it's even worse, only possibility to get back to the .02 to.04 price is news! 
Comment by rhc374 on Jul 26, 2018 11:37am
Not to toot my own horn, but I mentioned I couldn't find a Power Corp connection over two weeks ago. Mex, glad to hear you made big on KDZ, dangerous play that one.
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