Post by
Aallyy on Nov 26, 2024 3:56pm
Massive Share Dilution
Well Well, well off to see the wizard for more retorts Anglade? Going for another session of disinformation? Spellbound am sure. Your false statements starting with St. George Eco Mining as in SX, another one of the Chairman's stellar related companies are incorrect. FNC never had any arrangement with SX, only a connection to multi- board member and some technical personnage who is trying to do something for Sx in Thorold. The SX story is also quite the read. Many have lost a ton on that gem.
The Magpie story is completely inaccurate, you have been led down the garden path by news coming out of Burnaby I imagine.
The interesting part as I see it is that Fancamp has NO control over Magpie and that is just fine given the current situation. KWG/CACR if you had read the news was doing what it thought was in the best interest of moving the project ahead while putting things right. As in right for everyone including fancamp shareholders and First Nations. Fancamp interfered with a threatening club against KWG/CACR as found in their news release.
Soooooooo, it is Fancamp that you need to requestion but wouldn't hold your breath for a satisfactory answer.
As for Champion, the shares were sold when the price was much lower and was done as part of the operating expense requirements agreed to at the time. Keep in mind readers that the treasury of Fancamp CIA shares was extremely healthy and the main reason for the ousting and continuous crucification of Smith in MD&A's. The cancelation of the NON-RECOURSE royalties is simply stupid.
And then there are the COVID covers, the Management Cease Trade Orders of current management and the selected and extreme highly DILUTIVE private placement giving continual control of the company to its unmentionables.
Anglade's attempts at presenting factual and accurate information has failed, again.
The company needs better stewards who can make this undervalued asset rich company go atomic.