Is Veris Gold, as mentioned above, an example of the business model being followed???
Identify a target and orchestrate a board takeover. Drive the company into the ground with poor management decisions and keep it going by loading the balance sheet with debt.....Then take it private and run it at a nice profit.........There would appear to be a number or comparisons that can be drawn.....did I mention it was taken over by Sprott....
https://elkodaily.com/mining/veris-...cle_9a84e5c1-c299-5179-8bc6-49f02d15e513.html
https://investorintel.com/sectors/g...ld-precious-metals-intel/mining-ma-eat-eaten/
https://elkodaily.com/mining/canadi...cle_605d9414-8871-5695-878c-4c430c230929.html
https://seekingalpha.com/article/1865541-veris-gold-drama-is-only-good-for-those-with-money
