OTCQX:CGTFF - Post by User
Comment by
tigris72pooon Feb 10, 2017 12:45pm
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Post# 25829247
RE:RE:RE:RE:NORD going private
RE:RE:RE:RE:NORD going privateYes, but NORD is not known to pay a big premium. They are hardly offering any premium to their own minority holders and they clearly think it is worth more. So if somebody else wants French Guyana badly enough (say an Agnico Eagle or Newmont or IAM Gold) that they are willing to pay up for CGT, NORD might decide to sell their stake also. In other words, NORD would definitely like to steal it but they won't be able to because too many other buyers want it also. So NORD may decide to sell instead at a premium and take their marbles somewhere else where they can get a better deal. Just thinking....