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2.6¢ tombola gold ltd

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oldgold64

2,744 Posts.

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27/07/20

11:30

Post #: 46088207
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Originally posted by robert32: ↑

Not wanting to comment on Ausmex's mining & exploration possibilities at this time I cant get rid of the feeling that Jin Resources [HK ] Ltd will eventually control Ausmex & if that happens it wont be in the best interests of the small shareholders.The announcement on the 10/06/20, has brought me to that conclusion.
"THE UPKEEP OF THE INFRASTRUCTURE ROAD BETWEEN GUIDED ROAD & MT. FRIEDA WILL BE SHARED BETWEEN AUSMEX & JIN RESOURCES."
"ADDITIONALLY , JIN RESOURCES HAVE OFFERED TO SHARE SOME OF THE COSTS ASSOCIATED WITH OTHER AUSMEX INFRASTRUCTURE, INCLUDING OUR 3 ACRE HOLDING YARD,CORE FARMS,GEOLOGICAL FACILITIES, INCLUDING CORE CUTTING, MOTOR VEHICLES & EARTH MOVING EQUIPMENT ECT.
ONCE IMPLEMENTED, REDUCES THE HOLDING COSTS SUBSTANTIALLY."

All this just 5 days after the most unexplained & unusual departure of the managing director & senior directors.It doesn't seem to pass the pub test.

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No chance of a fire sale aquasition with this skyrocketing PMs market ,they're trying that on us over at ALT RESOURCES ,and we will not budge. We want double what those financial Vultures are offering.

AMG Price at posting: 3.7¢ Sentiment: Buy Disclosure: Not Held
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