Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Just when you think that the world of small caps cannot get any more sordid along comes this. It truly is shocking. On May 13 Doc Holliday run ECR Minerals (ECR) announced that it had called off talks about buying Maximus Minerals Ltd 10 weeks after announcing the all share deal at 0.33p. It cited “certain unforeseen structural challenges regarding Maximus that will increase the complications of successfully concluding any such transaction”. That is one way of putting it.
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