Shareholders (being human) have a capacity for illusion.
The stock market does not care for illusion or snake oil salesmen.
less than 5% of shares traded on news of spring hill option sale, WOW!
remember...MB has to use funds to pay off part of the AUD1.2 million loan secured on Spring Hill and feather his nest.
This is a translation for those who are not familiar with MBullsh*t.
"The sale of the Spring Hill and Dundas Gold Projects is a great result for ME AND OTHER DIRECTORS AND WILL ENABLE ME TO CONTINUE TO LIVE THE LIFE I HAVE FABRICATED FOR MYSELF ON THE BACK OF INNOCENT SHAREHOLDERS in a challenging market. It also allows ME TO CONTINUE WITH MY MOLYHIL/PILOT MOUNTAIN ILLUSION FOR NOW AND THE NEAR FUTURE."
Not a single mention for shareholders plight, reducing original investment by over 90%, or any word of improving shareholders investment, 'great news' for shareholders, no....not a single concession that he has fu*ked up and lied FROM DAY 1.
On November 17, 2015, PC Gold Inc. was acquired by First Mining Finance Corp.
First Mining Finance Corp. is a new "mineral bank" business concept created by Mr. Keith Neumeyer. "Our business model is to acquire mineral assets which are currently trading at VERY LOW valuations and holding or banking these assets until the capital markets for commodities and mining projects improves. At that point we would add value for our shareholders by entering into agreements with other parties which would move the projects forward through exploration, development."
A TRUTH...There will be NO revenue stream from spring hill...with current gold price and predictions of metal prices nothing will happen at spring hill or molyhil now or in the near future...
our capacity for illusion continues to be milked by preacher Mick...the light at the end of the tunnel is nothing more than Mick's fat cigar glowing between his dirty yellow lying teeth...
merry xmas...MT
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