Hi all (and sorry for the double-post)
I posted earlier on this topic, but the post was moderated. So here's my second go at posting because I think we should all be informed.
I'll admit I stupidly acquired some options in this company when I looked at their gold resource and coupled it with the incoming cash from the sale of the Winchester asset.
So, today when they tell me they need to raise capital, even though they have made an asset sale to the tune of $16 million, I went looking for the supposed buyer of the asset. Here's what I found:
This is the only company I could find registered in Estonia with the words "Augur Investments" in the name.
The problem is that this company appears to have not submitted an annual report for 2010 and appears to have been de-registered by the Estonian authority on 27th February 2012 for this reason.
If this is not the correct company name, I would sure like to get some details on how I might go about contacting our mysterious white knight, because it would appear that the company I found here might have trouble conducting the due diligence if they cant even submit an annual report.
Anyway, just thought I would let you all know. Personally, I'll be selling my options at a huge loss at the first opportunity. And from the looks of the market depth at the moment, it would appear that lots of other people have the same idea.
Incidentally, to the mods, no hard feelings. I thought it was a 50/50 chance to be moderated-probably should have done it this way the first time to save you guys the work.
Cheers
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Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $2.936M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $3 | 400 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 701899 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 305950 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 701899 | 0.007 |
2 | 374000 | 0.006 |
3 | 1009479 | 0.005 |
4 | 2250245 | 0.004 |
3 | 1611700 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 305950 | 1 |
0.009 | 173000 | 1 |
0.010 | 499831 | 1 |
0.011 | 225000 | 2 |
0.012 | 150000 | 1 |
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