Thursday, April 08, 2021 7:18:56 AM
Check this out- Miller claims that Rock Creek Mine will be a wholly owned subsidiary of NWGC. He says that the stock structure will remain the same and there will be no dilution. He then goes on Stocktwits and says that he is going to the TA to reduce the number of shares. I asked him- how are you getting paid then?? He said he is issuing preferred shares to himself but they will be non-convertible. LMAO.
That leaves NWGC shareholders with two options-
1. Mark Miller has formed a company with his own money and he is giving equity in Rock Creek Mining to strangers on the internet for free. He is also looking at reducing the share count which is for intents and purposes a dividend. Wow! Mark Miller is just like Santa Claus.
2. Mark Miller is lying to shareholders.
Either way, Miller says that .10 per share is a minimum expectation and he could see this going to .30+.
My opinion- none of this makes any sense obviously unless Miller loaded up on shares before news got out about this shell hijacking and he is selling into this hype. He will find trace minerals in the soil assay and his people will hype the results as Miller exits with a huge profit.
I think no matter what the actual details here are, anybody with any mining experience understands this is not a real business. This is a pump and dump that is akin to a Ponzi scheme. Some will get rich and some will get hurt and all of this outcome will be the result of lies, imho.
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