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Melen100

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15/04/24

19:51

Post #: 73355915
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Originally posted by elija: ↑

I have become a lot more negative concerning the stock and I’m favouring those that have written it off

there are no surprises, though most of us that have been around are aware that business in general like politics is nothing, but a rip-off and most executives like these ones would leave a small bleeding to death in the gutter for their own profits

I found a comment about not comparing the stock to a dog because dogs are nice as interesting and somewhat true. Only there is one similarity
like a dog it was shit anywhere without any consideration for us, environment or other people around leaving there for us to step in
I think we’ve all been bitten
I would still like to be hopeful, something positive will happen
The fact that two of the executives put in a couple of million each means from a self interest point of view they may salvage

I guess they lose their millions then which serves them right

no comfort to any investor here there has been a mismanagement and a general dishonesty all along

I have been too optimistic and have changed my tune I’m not afraid to admit I may have been wrong. Time to move on

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But did they really put in 2 million??, or was it the company's money and/or a loan from the last CR???? maybe I'm being to suspicious.

We don't know because they have repeatedly failed to deliver any cashflow report, the audit failed...this did look like a scheme to fleece the company and OZ investors and transfer to money to the vendors of the worthless land in Argentina next to LKE (which is now also borderline worthless)

Then the 48 mill CR looks like it was designed to fail...very odd to say the least

Next news with be the quarterly, I'm not expecting any cashflow report or audit results.

Last edited by Melen100: 15/04/24

XTC Price at posting: 20.0¢ Sentiment: None Disclosure: Held
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