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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 > What’s next?
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Post by Burton on Dec 22, 2020 7:00am

What’s next?

What are the best and worst case scenario? Don't wanna know what is the best option, but what can happen in both option?


https://www.lapresse.ca/affaires/2020-12-22/mason-graphite/investissement-quebec-au-coeur-d-une-bataille-de-circulaires.php

Comment by Marshall on Dec 22, 2020 9:23am
I don't know but I sure am looking forward to seeing a mangement focussed on producing results and good news rather than the mud throwing we have been enduring.  I'm far from impressed with this mess.  According to the article, the Quebec Government owns 12% of the shares.  I'm sure they aren't very impressed either and will eventually speak up.
Comment by conscience1 on Dec 22, 2020 9:39am
Sure there are points on both sides.  But my Q is: how many shares does Gingras et al own?  If he has faith in his vision, he should have some of his own money riding on it.  I've seen enough of mining companies that seem to exist from one private placement to the next, only to spend the proceeds on management salaries. My votes go to whomever has the most in common with me, a ...more  
Comment by Marshall on Dec 22, 2020 10:07am
I agree, it would be nice to see management with some skin in the game.  For now I'm hoping the Quebec Government who have 12% ownership in this mess slap these guys silly.  
Comment by Stratocheif on Dec 27, 2020 8:23am
Quebec beaurocrat involment is a huge negative, not a positive. When i see gonernment involved (especially quebec) im very cognisant disaster may be baked into the project. Governments dont give a fkk. They know if things go wrong its only taxpayer money. No skin off their asss right? Look at bombardier, the olympic stadium, stornaway diamond and on and on. Give me a company without government ...more  
Comment by Directvoice on Dec 22, 2020 11:17am
The board members have options but the are not in the money.  I mean the exercise price is more than the actual price. 
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