RED 2.41% 40.5¢ red 5 limited

Ann: Completion of fully underwritten $90 million equity raising, page-256

  1. 2,747 Posts.
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    Given what's going with. M&A in the LEANORA GOLD PRECINCT,one can't help but be CYNICAL with management of all associated GOLDIES in the precinct. Ever since the vulture capitalist R F ransacked DCN with the cooperation of DCN management and the many institutions that rolled over and threw their hands for a pittance, their has been a concerted campaign to destabilize the rest of the LEANORA PRECINCT producers in an effort to unify the the precinct under one banner, at the cost of retail share holders ofcourse.
    Mysteriously GMD, a company with a low grade resource of 1.6 million ounces and no production is some how valued at similar value to SBM,RED5 and valued 5x DCN a miner with 4 million ounce resource albeit low grade of 2 to 3 grams per tonne average and a 6 year old 3MTPA mill.
    ALL I see is a coordinated crime scene.
 
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