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Re: ValueFact post# 445

Thursday, 12/21/2017 9:25:55 PM

Thursday, December 21, 2017 9:25:55 PM

Post# of 654
Value, some Aussie stocks have 2 billion shares outstanding, they like low price stocks there, however at least many of those cos are trying to build something. With Cougar randal does nothing for his salary. He issued 61 million shares in Sept of course before mentioning to anyone in OZ that there was trouble in Madagasgar. They are talking on the Hot Copper board of doing a participating rights issue where shareholders buy shares at a discount to fund their Lithium project in Brazil, however IMHO there will not be any Lithium project in Brazil as Randal showed on Stockhouse, when he would not answer that shareholder who asked him about the Lithium project. Issuing cheap shares to shareholders, a great way to delute what is left of your co. The way randal is going, suing all his partners he will have 2 billion shares issued needed to fund all the legal work. A great way to destroy a company. IMHO