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Bullboard - Stock Discussion Forum Allegiant Gold Ltd V.AUAU

Alternate Symbol(s):  AUXXF

Allegiant Gold Ltd. is a Canada-based mid-stage precious metals exploration stage company. The Company’s activities are the exploration and evaluation of resource properties located in the United States of America. Its flagship project, the district-scale Eastside project, hosts a large and expanding gold and silver resource and is in an area of infrastructure. The project is located... see more

TSXV:AUAU - Post Discussion

Allegiant Gold Ltd > Retail Investors: "Where's the share value?"
View:
Post by UltraTired on Feb 24, 2024 11:21am

Retail Investors: "Where's the share value?"

Total Revenue: $0.00
(they spend as much as they make.)

EPS: -$0.01

Business Model: CEO quoted as saying, "sometimes the best thing to do is nothing".

If you are doing nothing, then where is all the money going? Is this a business or a slush fund for the board?
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