Post by
dpd1940 on Jul 20, 2022 10:55am
BONUS SHARES
The shares sold now are most likely the 4.4M give out in May and being sold on the MIO. They did not cost them any thing so they not selling at a loss. My shares cost me HARD COLD CASH. This has cut their market cap in half and made us louse big over only 4.4m shares.
The Bonus Shares are being issued under the terms of the Company's Share Compensation Plans which were approved by shareholders at the Company's Annual General Meeting on 27 October 2021
Comment by
bigstar10 on Jul 27, 2022 11:06pm
So let's get on with it....way undervalued the brass have to eat
Comment by
dpd1940 on Jul 28, 2022 6:31pm
We are undervalued as most companys in this market with, no mine. The people that received the bonus shares did not want mining shares, they wanted cash. They sold and have drove our market cap down to where it looks like we are in bankruptcy court. It will take time are some good news to get us moving again. That the way I see it.