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Bullboard - Stock Discussion Forum Mason Resources Inc V.LLG

Alternate Symbol(s):  MGPHF

Mason Resources Inc. is a Canada-based company. The Company is focused on identifying, evaluating, and pursuing business investment opportunities. The Company holds shares in Black Swan Graphene Inc., which is focused on the large-scale production and commercialization of patented graphene products aimed at several industrial sectors, including concrete and polymers.

TSXV:LLG - Post Discussion

Mason Resources Inc > Blue or white proxy for Mason Graphite
View:
Post by Directvoice on Dec 18, 2020 10:44am

Blue or white proxy for Mason Graphite

I still undecided about the vote :  the present board (white proxy) have there shortcomings in presenting theirs accomplishments and vision as well as not acting faster to find a CEO. If you compared it to Nouveau Monde who spin theirs news in a better way but they are no better than Masson (no financing and still in pilot for their anode) I prefer their honest approach.

The blue proxy have their merits too. They have a good case, interests in making Mason a successful venture. They have Glass Lewis recommendations. 


What do you think?

Comment by Marshall on Dec 18, 2020 10:49am
As a long time shareholder of this stock, I'm not impressed with its performance.  I blame that on the current management team. Take it from there.
Comment by Mookster3 on Dec 18, 2020 2:10pm
Another questionable management move was their decision to sell their 22 mm shares of Nonoxplore, in September 2019, for $1.25/share. That price was below the market price at the time, of $1.50, and was more or less the lowest price that GRA has traded at over the past three years. GRA has since almost tripled to $3.50, which means that Mason left $50 mm on the table, which is more than their ...more  
Comment by Marshall on Dec 18, 2020 3:11pm
Good information.  No doubt investors will send a clear message on the 29th.  There is no reason, other than the total lack of leadership, for this stock to be trading this low.  I'm looking forward to seeing a revised plan from qualified individuals to get us back on track.  I'm confident that it will happen. 
Comment by Sage4Puck on Dec 18, 2020 6:35pm
True, management has had ample time and opportunity to make a move but they did nothing - not even find a suitable CEO. Though we can rest assured that they got paid. The Nanoxplore deal was the beggining of the end. It showed a shallow and short-sighted view of Nanoexplore's potential for synergies or, barring that, growth. It would not come as a surprise if the sale was driven for ...more  
Comment by Fox2019 on Dec 19, 2020 9:59am
As a shareholder of nouveau monde and mason graphite. I can clearly tell who as the best management team and clearly nouveau monde wins, all their milestones are respected and they are about to get their permit in the next comming weeks. In addition, they know how to reach people and major league players in the industry. Who knows? may be it is the fate of the mason graphite to be bought out by ...more  
Comment by Directvoice on Dec 18, 2020 10:20pm
Great comparative!  It shows how a bit of marketing spin from Nouveau Monde can do to change perceptions and valuation. 
Comment by Directvoice on Dec 18, 2020 10:32pm
After reading the last press release from Mason about the Glass Lewis report I am convinced that the actual management is honest (but not great). I was suspicious of the blue team plan since they did not provided one. Also all those people seems to be linked and that doesn't look good.