Member Info for DeathStranding

What does that tell you then about how reliable the soil footprint is as a guide to ore? It's a wide, spread out halo, with very low values. Wouldn't even count as an anomaly in most gold surveys.

Looks like they might have about 50 ounces of gold defined by this new drilling. Only 8,799,950 ounces to go then in their "exploration target" (so called). Probably there will be a roast dinner podcast all about it.

Directors have a fiduciary duty towards shareholders. Shareholders don't have any duty towards each other. All current directors were appointed by a single shareholder, and that shareholder overwhelmingly controls voting. Good luck staying positive. Only a few days left here anyway.

GAL announced drilling in April, results today. Just saying.

No mention in TRU's announcement of any form of transaction beyond Ormonde becoming a shareholder and "Control Person"

https://www.trupreciousmetals.com/news-page/tru-announces-proposed-cad3-million-strategic-investment-from-ormonde-mining-pl

Well the facts are otherwise but you are intent on remaining hopeful so good luck to you. The clock is being deliberately run down to automatic delisting on 7 August after which it will be sayonara, no more RNS, no more entertaining chats on here, and the failed cinema owners in charge here will only do the minimum required by Irish company law for shareholders, maybe.

"If investors knew exactly what was going on in terms of work and reporting it would never have ended up down this low."

Even now, you still don't get it.

It's really much simpler than that I'm afraid.

The RNS makes reference to RTO but that's just regulatory language. The delisting of ORM is a condition of the TRU investment - that's the opposite of an RTO!

Fundra it will stay private as a shareholder of Peak and TRU as far as has been proposed.

What RTO? In an RTO a company with assets gets backed into a listed cash shell. That's not being proposed here. As proposed ORM will be an unlisted company with minority shareholdings in two other small companies. That won't qualify as an operating exploration company nor an investing company to allow relisting.

It's a private investment vehicle controlled by a failed cinema businessman, with zero liquidity for shareholders. There will probably be a big rights issue or something to dilute everybody else out.

I suppose if you post your nonsense 95,000 times there is a statistical possibility you might call it right one or two times.

This is not one of them.

Just like WRES, my friend.

Perhaps you are feeling foolish and somewhat misled?

Discussed previously and you didn't believe me

You could have paid attention to some of the more sceptical comments on this board rather than dishing out abuse and calling "deramper" every time. Who's deramping now?

Wishing AAZ did the deal is a joke - they walked.

Because the subscription is subject to shareholder approval so an EGM is required, cancellation is a condition of the subscription. Cancellation is going to happen regardless.

Sure the other 75% can vote but you'll never get the numbers to beat a single 25% block. It's a moot point because trading on AIM gets cancelled by default after 6 months of suspension, which is 7 August.

The shares don't get cancelled, just the listing. Your shares still exist but they will be in an unlisted company. Happens all the time when AIM companies fail. There's been no reference to any distribution of TSX shares.

Of course it will. There is a 25% shareholder who controls the vote and the board. Besides, all they have to do is wait until 7 August and trading gets cancelled anyway, no need for a vote.

Nothing. You'll have shares in a private investing company that you can't trade.

No they don't. Cancellation of trading is the default position after 6 months of suspension, which is 7th August.

TRU has been trading at 2.5c, but we are paying 5c per share? They have been on a 2 year trend of value destruction from 25c to 2.5c. Our board with zero geological experience is supposed to turn it around? Two minority shareholdings in no hope companies is not a compelling case, no evidence of any plan to provide shareholders with any prospect of future value or liquidity. Thomas Anderson should have been forced to buy us out two years ago when he took over control.

There won't be an RTO with Peak Nickel. There won't be an RTO with anyone. The company is going to delist and go private so that it doesn't have to follow any rules that are supposed to look after shareholder interests. It is being run by a major shareholder, for that shareholder's interests and total disregard for the rest.

And why is it exciting to have your listing cancelled so you can't trade your shares, and see the directors invest in two junk projects without a shareholder approved investing policy? Whatever is happening here suits Thomas Anderson, somehow, but AIM has allowed the rest of us to be wiped out.