Value Microcaps Motherboard

[roguedolphin]

Lentinman....It is not my "theory" that CHAR's parent NLG(Nelson Resources) was taken "under" it's prevailing market price(about $3 before the buy-under) for $2.57 Canadian.

As the acquirer Lukoil(sometimes known as "Russian mob") came up with this number by taking NLG's "6 month average trading price" to arrive at the bid price. Never mind the stock was trading above $3 just recently when insiders dumped millions of shares onto the market at NLG's highs. What a scandal!!

It's not my "theory"...just fact at how they are stealing NLG. The price they bid and how they arrived at it is ludicrous. Insider selling is just as bad. No mention at all at arriving at a fair number for NLG's true value and assets which I have heard some say is closer to $5 canadian.

All the theorys out there about CHAR somehow realizing it's "fair value" after it's parent NLG is apparently being stolen seem ludicrous too. Unless of course NLG get's a better bid sometime soon.

Anyway....Why wouldn't Lukoil have the "audacity" to bid $3.10 for CHAR???? That's how they arrived at the "value" for NLG.... The "6 month average trading price".

Red line is "6 month average"
http://stockcharts.com/def/servlet/SC.web?c=CHAR,uu[h,a]daolyyay[pb50!b182][vc60][iUc20!Lh14,3]&....

And that's FACT not "theory"!

Rogue