NTM 0.00% 0.5¢ nt minerals limited

all in agreeance say 'aye', page-4

  1. 3,424 Posts.
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    Heh guys
    don,t dispair
    Our misfortune with RCP is not as bad as what appeaars to be going on elsewhere.
    entertain yourselves with the goings on in this company
    Dourado Resources is ripping value off it,s shareholders as we speak. DUO or Dourado gold has just passed a motion to buy the assets of northern minerals ,assets purchased for a few thousand dollars by way of nine applications for exploration leasesof .
    They are selling these leases for 25 million shares and 25 million options . [
    Talk about share dilution there are only 22 million now so these directors are diluting there companies shares by 1/3 to buy leases.
    the directers insist they have done there due diligence on the purchases but it appears dodgy to me

    link to the full story is below


    http://www.theaustralian.com.au/business/city-beat/dourado-investors-to-vote-on-controversial-acquisition/story-fn4xq4cj-1225856143263
 
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