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Temex Resources Corp V.TME

Sector: Metals & Mining | Sub-Sector: Gold

Temex Resources Corp is an exploration stage company. The Company explores minerals properties in Ontario and owns the Timmins Gold Project, Juby Gold Project and the Latchford Gold Project.
Price: $0.06 | Change: $-0.005 | %Change: -7.69%
Volume: 130,000 | Day High/Low: 0.065/0.06 | 52 Week High/Low: 0.095/0.035
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1 star

RE:dilutive financing that Temex will have to do to avoid bankr

Here is an interesting question! The title of the post has to do with dilutive financing to avoid bankruptcy! The company is financed to cover burn and keeping properties up until May 2016 which...read more
1 star

RE:RE:RE:RE:RE:No vote

It is interesting if you go to the Obananabanana website a big part of their presentation has to do with TME's resource yet they are actually a separate part of the deal! One could view this in a...read more
3.5 stars

dilutive financing that Temex will have to do to avoid bankr

" My understanding from talking to the management teams is that It was Dundee that wanted the RYG, EAG and CRG deal conditional on the OSK investment which makes sense since they are the largest...read more
3.5 stars

RE:RE:RE:RE:No vote

Because tey hoped that the investors at TME were all sheep and follow the leadership without question. But that will clearly NOT be the case - so they will end up with a lot less gold than they...read more
1 star

RE:RE:RE:No vote

stockman6767 wrote: Tom, but why would RYG and CRG provide ALL their cash for just half the gold of TME opts out of the merger??? They would get screwed rotally!They could look for another company...read more
3.5 stars

Vote NO - How much will it take for me to vote yes?

My vote is a definitive NO unless the deal gets sweetened to a minimum of 1.5 shares of N. Oban PLUS at least 3/4 of a warrant per TME share. Anything below that is  pure insult and attempt to steal...read more
3 stars

RE:RE:No vote

Tom, but why would RYG and CRG provide ALL their cash for just half the gold of TME opts out of the merger??? They would get screwed rotally!  rate and reply
5 stars

RE:RE:No vote

That is indeed the way it is currently crafted.   I seems the other groups were part of an inital core deal, and Temex was kind of a "bolt on" addition.    I don't think they will get anywhere near...read more
5 stars

RE:RE:RE:RE:RE:No vote

Did I mention that the high grade resource was near surface and that TME will soon hold 85% of that resource that shows gold recovery rates above 95% ??  rate and reply
5 stars

RE:RE:RE:RE:No vote

What makes you think we want a better offer,or any offer at all?We want to proceed with the open pit high grade resource with custom milling agreement and all of Goldcorp's permits covering our...read more
5 stars

Insider trading faux pas...

So, is this the latest in Venture trickery? An insider reports almost a half million in share transactions as buys, lets the bullboard posters get all excited about this, then turns around a year...read more
3 stars

RE:RE:RE:No vote

Yep, you may get a better offer. We will have to wait until August before the parties involved show their hands.  rate and reply
2 stars

RE:RE:No vote

tomgranite wrote: Well argued Kegs. My guess is that New Oban thinks that Temex will actually fail to get the required 66.67% yes vote. That is why they have come up with the ''three party...read more
1 star

RE:No vote

Well argued Kegs. My guess is that New Oban thinks that Temex will actually fail to get the required 66.67% yes vote. That is why they have come up with the ''three party arrangement agreement'' and...read more
5 stars

Managment!

I personally think they payed the managment.A little gift?You know what I mean.  rate and reply
5 stars

No vote

It's been a while since I've posted but I've tried to keep up with everyone here. The idea of an amalgamation of companies with cash and/or assets is great in concept, but this is a bad deal for TME...read more
3 stars

Oban shares @ .105

Why isn't EAG at $1.00??EAG shares will be short sold into oblivion when it nears a buck.That will be proof that this deal is a spoof.JMFO. R9.  rate and reply
3 stars

RE:RE:RE:RE:RE:RE:Value of Temex

You are all wet. first, what we paid for TME has no relevance in this discussion be 5 cents or 50 cents. What is of importance is the present au in ground and the future value as you say when the...read more
5 stars

No other options?

As this is a clearly unfair deal, is mgmt so desperate to beg a buyer?   Without this deal, will TME be bankrupt in 3 months??? If it is NOT a good project, why oben wants it? If it is really a good...read more
2 stars

RE:RE:RE:RE:RE:Value of Temex

tom is right, we should vote yes. for those of you that bought at 50 cents, I feel for you but you bought at the peak of the market so deal with it. new oban will be the creme de la creme, lots of...read more