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They've backed off for now... looking good
If I was looking to add to my position, I'd do that, but you're probably right
Some of it, yes, but if you watch level 2, the lenders have backed off recently
A few more weeks... sellers at this price are crazy imo
It will always say that until they release the audit.
We're closer than ever to audit release
There's nothing there.. just an amended offering.
What a surprise the audit release will be for the otc...
Spinoff details any min... site visit for audit done.. Tick tock
Same old same old is all... waiting for the spinoff and audit, then we'll see significant appreciation here. It's a short time away but in the otc, it's forever lol
They're just not going to let it go until something significant transpires
OTCN can go away... Tick Tock folks
Should see this early next week.
We are currently preparing a schematic infographic for the spinoff transaction structure which we hope will clarify the benefits accruing to the Company and its stakeholders. This will be uploaded to the Company's website within the next few days
financing of the production schedule of our properties can be arranged on a non-dilutive basis through project finance structures with resource bankers and financial institutions, and the Company and all its stakeholders can benefit from the presence of two separate listed entities in portfolio."
A portion of the surplus funds accrued by the Joint Venture in recent years and held over, will be set aside to cover a potential cash dividend to shareholders as outlined earlier in this release
Go on stocktwits and find goldeneagle888
Ask him to break it down for you.
He's an accountant.
Your figure is not correct.
Lmfao!!
Anyway... good days are just starting. Spinoff news any moment
What??
No idea... just going off what he said in the CC
Listen to the last conference call... nils specifically says better than expected
Think about it... spinoff with North American projects under way, audit comes out and shows stronger than expected numbers, then $21 million becomes available to expand and create production. It's big $$$
That was when he was under the impression that the audit would be suffice to uplist... before they were advised to go over more year. And now that they have $21 mill in reserve cash that will be available to use as they please in June, there is no reason for them to borrow against shares anymore.
Yeah... with the spinoff looming as well as the audit completion and then Buyout being complete after that... there will be little dilution left as per Nils
Bags are packed 🚀
News is to be released this week on spinoff, audit, and Buyout nationally.
Yes... that letter will be in the fins moving forward once the audit is complete
There wouldn't be a specific line item for the audit. And the Leonite borrowing will end in June when they access the $21 mill sitting in Talawaan
They're doing the site visit this week. As far as I know, that's the only thing left to finish the audit.
It's coming... there was a paint down the very last second of the day... trading has been reported and being recorded here. Someone wanting to force this down.
Going to be a great ride
The faucet had been shut off for the time being... now let's get some national news to gain interest and work our way to audit release.
There's some big players waiting for the audit. It will definitely bring new highs
@DonDurrett @Goldforestinves @GoldMiningBull @GoldInvestLtr @goldminingnews @GoldMiningmoon @Goldmine_mag @qpmcorp @Goldinvestors42 https://t.co/4CZ1bZArjt
— Qualityincolor (@qualityincolor) April 19, 2024
Read my post from yesterday... news will be pressed out globally from now on. Their new IR team is on it.
Yeah, it doesn't matter once the spinoff approval drops and the audit confirms better than expected numbers... all good here.
Good post. Someone is taking all the shares
This is what happens when people think they can keep buying lower... they'll lose their shares soon enough.
Press releases moving forward will be global
Insiders own shares and do not want this to go lower