Just read an article from:
http://www.theaustralian.com.au/business/mining-energy/joe-gutnick-is-making-a-comeback-with-a-20m-listing-of-paradise-phosphates/story-e6frg9df-1226471399498
(by Reporter richard Gluyas to J Gutnick on 11/9/2012)
Richard asked Gutnick if he would sell his diamond mine.
Gutnick replied:
"But if someone comes to my office and offers me $100m for my diamond mine, I wouldn't sell it.
"It's not all about money. I'd like to make $100m, but I'll make more than that on this mine."
Me, as shareholder for over 10 years in MED(changed name twice from SKR, then NAD to MED), feel distress, puzzles, and upset when reading above news again.
Is Gutnick telling us the truth, to recommend us to accept the offer?
Or is he lying to us?
He would not accept an offer $100M for the mine, but now willing to swap Legend's holding 59.49M, worth only $16.66 (59.49 x 0.28); which is only a fraction of $100M.
This is the most biggest lie that GJ will admit.
What is the story in behind? Can anyone figure it out?
Just read an article...
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