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Bullboard - Stock Discussion Forum TRU Precious Metals Corp V.TRU

Alternate Symbol(s):  TRUIF

Metals & Mining Gold Real Estate - General
TRU Precious Metals Corp. is a Canadian natural resources company. The Company’s flagship project is the Golden Rose Project, a regional-scale 300.25 square kilometers (km2) land package in Central Western Newfoundland which straddles a 45 kilometers (km) strike length along the gold deposit-bearing Cape Ray-Valentine Lake Shear Zone, directly between Calibre Mining’s Valentine Gold Project and... see more

TSXV:TRU - Post Discussion

TRU Precious Metals Corp > News
View:
Post by calico on Jul 04, 2023 2:00pm

News

Market seems to like the news. I guess $3 million is (a lot) better than nothing. GLTA longs.
Comment by dothemathpeople on Jul 05, 2023 6:53am
So 60,000,000 shares @ $0.05 + 30,000,000 warrants at $0.075, good for three years.  There was little room left below and It had to firm up, but not to $0.05 oddly enuff.  The warrant price is the new ceiling for this stock. Listed Companies cannot finance lower than $0.05/share so JF's comment on "value" is kinda misleading. This is basically a friendly takeover, for the ...more  
Comment by Farmer9 on Jul 05, 2023 10:13pm
As long as Joel continues being paid $20,000/month he will hang on.  Why would Joel want to leave the cushy gig he has?  He did nothing to earn his salary but when you decide how much you pay yourself, the sky's the limit.  Somehow he talked himself onto the BOD of the predecessor company and then eventually became CEO and President when everyone else retired and left.   ...more  
Comment by dothemathpeople on Jul 06, 2023 7:24am
Agreed.  He is a lawyer by trade, no?  WTF is doing then?  Explains why he has to hire everyone for everything. Pretty sure he bought into that spot with a resurgent investment.  At $20k/month he is well overpaid, and has underperformed.  And now he sells the TRU and their GR for $0.05/share; I guess the easy money financing is all dried up at this time. Mostly surface ...more  
TRU Precious Metals Corp
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