Replies to post #5118 on Magnum d''Or Resources, Inc. (fka MDOR)

[RichieBoy]

Au Contraire mon frere. Your stating the obvious.

I am offering what I see as a best case resolution admitting there could be a better one. Repeated peanut gallery criticism without offering ideas on improvement you may as well be a basher. You sure have the patter down well which is odd as I recall you bought more shares so effectively you are your own undertaker. Not very clever IMO.

While disingenuous, it's also fear mongering on a level that does not equate to your stated position @ MDOR. So how about it what is your solution please.

[PaperProphet]

Re:<"It DOES bother me just how much the shareholders are at the mercy of the whims of CC's greed.">

You're hitting things right on the nose but you're upsetting those who want to promote Magnum to pump the share price. That's why you're getting so much backlash.

If one person owns more than 50% of the company, such as Mr. Curtis has in Magnum, it's what's known as a "controlled company." Typically a controlled company warrants a much lower valuation since the other shareholders' stake is at the whim of one person. You're absolutely right to be concerned. Statistically those companies do much worse and often it's because the company was set up to screw over investors from the onset.

I'm watching another company, Cambridge Capital, with a solid book value of around $20 per share but the stock is trading at $1.75. The reason is because everyone knows that the CEO, who is also the majority shareholder, is going to drain the coffers dry for his own benefit.