They wiped the shareholders out with the consolidations.
They kept shareholders in the dark about what was happening. That is, how much ore did they actually process? I know they CLAIMED to have only mined 10 percent of what was on the Rom Pad ???
Why didn't they tell shareholders, they were moving the Gekko off-site? Why wasn't this reported in the December 24 Activities report .?
They are proposing selling everything, that has been poured into Kat Gap maybe well over 100 million, for 7 million.
It looks to me like CLZ & Kat Gap were a means for everyone associated to make money . Looking at the proposal, it looks to me like a lot of smaller capital providers are going to miss out or get valueless shares, in lieu of money owed - $7 million ain't going to go far.
It may have been a forced sale, by capital providers, who knows?
They wiped the shareholders out with the consolidations. They...
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