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castex

107 Posts.

1

03/07/17

18:09

Post #: 25638048
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Originally posted by rae915 ↑

You seem to understand this sort of project better than I.
As a major shareholder, should a mine get up and running, how does PALA benefit from the sale of tin (Sn)? Yes their shares go up in value....and directors recieve fees, but do they actually recieve cash from sale of tin? how many mining companies pay dividends...???...not many.
So the increase in share price is the only saving grace.
I look at PEN and note that PALA's investment has dropped in
SP quite dramatically.
So , if KAS goes bankrupt PALA take over and reap all profits.
But if a CR gives nothing but cash and PALA takes that cash ....no plant gets made....and SP drops to nothing and company still goes bankrupt. THIS seems to be the plan.

What I cannot get my head around, is how Toyota and other big shareholders let this company (and their investment) go down the drain to PALA. Can someone explain how such big investors did not see to it that the mine started up.????

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I was asking myself the same question about Toyota, ntt, traxys ! i cannot find out!!

KAS Price at posting: 1.5¢ Sentiment: Hold Disclosure: Held
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