6zeros19 Oct 2017 17:54
something you posted over the weekend (i think it's been mentioned before) but i just can't get my head around..
"Well if , as people have alluded to on here, the resource upgrade ends up over $1.2 - $1.5 billion in situ , and it's eventually sold for just a couple of percent of that, its many multiples of the current market cap for MAFLs 49%.
Imagine if they take that cash, rinse and repeat on another couple of other stella resources? There could be great things ahead for MAFL and share holders.
Remember this guy, our Ceo, owns just short of 20% of the company.. his credentials speak for themselves"
https://redstargold.com/corporate/directors/jacques-vaillancourt-cfa/
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this is a genunie question as i am a shareholder but if the asset gets sold on for even half that amount why would the company potentially only get a few % of the value ?
we have a 49% interest?
i'm sure i'm missing something but i really don't understand