SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Mongolia Gold Resources
MGR 21.41-0.5%Nov 17 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bearcatbob who wrote (3353)4/20/1999 2:35:00 AM
From: RonS  Read Replies (1) of 4066
 
Bob,

"The company is seeking approval from shareholders for a share consolidation."

How likely is it that the company will gain the necessary approval? Are there no other options available that would enable the company to raise additional money? The way I see it, this basically screws everyone who has invested in this company, except for the ones who may have bought in recently. This consolidation really pisses me off!!!

Regards
RonS

P.S. I guess we now know what the large trading volumes in March were all about.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext