GENESIS vs DACIAN

The merger or the GENESIS-DACIAN takeover was sold to the shareholders on the grounds that the Outstanding management team with a proven track record !

Indeed for DACIAN, a management that took the action from $3-4 to $0.094 in 4-5 years, really outstanding, but not common sense ! As for GENESIS, the stock was worth $1.81 in April, against 0.975 today...really outstanding too !

Obviously the dishonest offer made to the shareholders of DACIAN did not have the expected success. They have it in their throats that the board led by D. Richards preferred to sell itself cheaply to GENESIS to keep a job, rather than respecting the rights of DCN shareholders, which should normally be its main task ! As we have on both sides, companies in financial difficulties and accumulating losses, it will be interesting to see if this marriage has a future... Maybe with gold at 3,000-3,500 s are not divorced or redeemed by then !

Finlayson is still left with the option of taking advice from a corporate takeover expert, the billionaire thug Wallin who managed to buy out Strategic Minerals Corporation, of which he was already a majority shareholder, at a ridiculous price by undervaluing several times its value by "experts...", while hiding a 200 million mining lease from minority shareholders. To his credit, he took advantage of his influence with the high political spheres of Queensland and the protection of ASIC whose chairman Longo has great difficulty in putting into practice his desire to be honest and respectful of the interests of minority shareholders.

Too bad, he might also have work on the villainous offer made to the shareholders of DACIAN...!