Replies to post #25095 on Enertopia Corp (ENRT)

[goldfiend]

[goldfiend]

In theory, this sale gives Enertopia cash to move forward their extraction process and their claims elsewhere in Nevada (10x as large as this one) Also the shares in Cypress give them exposure to that project. Their land holdings there were not large enough to ever develop solo, so this was inevitable. Not a bad return for finding an claim staking mistake by Cypress and claim jumping/squatting for a nice profit.

Regarding the voting, just received my voting materials in the mail so officially the sale hasn't happened yet but it is just a formality.

[maximus_art]

You are 100% correct. Why would we sell for 1million? If ELON is jumping in the game and we sell it for 1million, the people we sold it to could sell it to $TSLA for 10x or 20x that is if it is what they say it is. McAllaster has done nothing but live off shareholders for over a decade. I was invested in this when it was a Canadian MJ company. All this guy does is dilute the float. He will get $1,100,000.00 and invest 0% of that into the company. He will hold shares of the new company and if they pop, he gets rich, and all the while holders of $ENRT get NOTHING while this guy has his nest egg secured. I'M VOTING, HELL NO!