Ann: Triton's Corporate Update, page-77

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ozpolarbear

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01/03/16

14:25

Post #: 17155495
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Originally posted by MERLIN ↑

TON is no different to hundreds of other small cap mining hopefuls. They are formed to make a few Directors very wealthy by manipulating the share price and denuding the coffers of funds by drawing out massive wages and fees until all is empty. Of course there should be an investigation of many of these companies but , get real we are at the bottom of the food chain. Directors constantly issue announcements of "intentions to develop" " negotiations continue" etc .... and the let the optimistic minor shareholder get all excited and listen to other paid , provocative posters who gee up the price. The most recent little surge of interest that was promoted by a similar announcement with little content, gave directors and their comrades the opportunity to sell millions and then buy back a similar number at a lower price . The exercise mostly works, but sometimes they end up with a different share balance but that can be explained by such things as "small tax bill outstanding " , a director is unwell etc etc. The first thing to remove( if you are on the board because it shows current holdings of the big boys ) is the TOP 20 . 40 years as a holder of speculative mining shares , you would think I'd wise up , but that little spark of optimism keeps me hanging in there!!!!! TON and its future directors will prosper but we should all keep our eyes on the ball and with a little good luck we can get some crumbs from under the table. Good luck merlin

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“The first thing to remove( if you are on the board because it shows current holdings of the big boys ) is the TOP 20 .” - @MERLIN

Good comment Merlin, and I’m especially pleased that despite being a Top 20 holder you pointed out the above.

I took a quick look and I could not find much content in today’s announcement and it seems mostly a repetition of old stuff, with different words.

Meanwhile stuff like Top 20 still continues to be completely ignored, as if it does not make a difference.

TON Price at posting: 6.1¢ Sentiment: None Disclosure: Held
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Ann: Triton's Corporate Update, page-77

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Ann: Triton's Corporate Update, page-77

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