Apex Silver Mines (fka APXSQ)

[dkhtur]

Action Lawsuit for Shareholders.


At this point there is nothing left to sell for.

The silver above groung is very rare now. The price is artificaiily held down for too long.

I bet APEX was bankrupted to seize the silver properties because there is permanent Backwardation in silver on LBMA already. Soon it will be the same on NYMEX.

According to Antal Fekete it implies silver not for sale at any price ( infinite price)

But let's say silver will be 100 per ounce in a couple of years. Then how much would be the APEX share price? 100? 1000?

So, then what has happened?

Apex was almost 20 USD a year ago - 50 millions shares (very rare for a gold silver-company, especially a big one).

Total- 1 billion.

Now it cost 1 million total for everything - including those huge trucks on the pictures.

If they woudl just issue 20 millions shares for 20 USD a year ago, they would not need any loans, they took before.


It obvious that there was deliberate fraud and driving the price down. Especially considering that as recently as last summer they told that the price will be at least 14 USD

I bet there is huge number of naked shorts (with order from the crooked managemnet) are sitting and wating to cover the shorts. They will bash everything. Sell, sell - they yell.

They need to cover. How about shorting squueze?

Basically the company was taken from shareholders and given away to crooks.

Well, I think, it is useless now to wait any communication from the crooks.

probably I would better give 5000 of the cancelled shares to my lawyer in a couple of years and ask him to help to bring the class action lawsuit.


The property rights ( I mean the land) cost many many hundreds of billions (you will see it in a 2-5 years).

Then we will see if the lawyer can get something out of this or not.

Maybe long bet, but worth to try.

How they can cancel the shareholders right is not very clear - shareholders own the company, not the crooked management.

Another Enron- Madoff trial

http://news.silverseek.com/TedButler/1235407708.php


http://www.nolanchart.com/article5832.html

http://www.marketoracle.co.uk/Article4796.html

http://lbma.org.uk/?area=stats&page=sifo/2009sifo


http://www.prisonplanet.com/banker-manipulation-of-gold-and-silver-prices-further-exposed.html





Action Lawsuit for Shareholders.