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News: Legacy Iron Ore granted drilling approval for Mt Bevan, page-8

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cal50

6,048 Posts.

28

07/08/14

13:04

Post #: 13783742
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Originally posted by cal50 ↑

well you said it " afterall it is their company and their $$$" , after this RI they do have total control and will do as they please imo , easy for them to drop the SP to 0.001 and buy the remaining shares for even less , they will own 75% of the company after this RI is finished and i dont think they give 2 hoots what the SP is , as they will have total control just like JMS did , i dont think it turned out too good for their shareholders from memory ??
all above IMO

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Just had a thought , maybe NMDC is taking a page out of JMS's book , after all they are neighbors imo

HAW Price at posting: 2.9¢ Sentiment: None Disclosure: Not Held

LCY Price at posting: 1.5¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

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