OTCQX:CGTFF - Post by User
Post by
BullishOnCornon Mar 31, 2017 9:27pm
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Post# 26061568
Breaking News on GoldCorp
Breaking News on GoldCorpHey guys,
News just broke that Goldcorp has unveiled expansion plans that are to be rolled out over the next two years. As expected, a key aspect of the plan is the anticipated acquisition of a VERY large corn-mine in the mid-west. I've been following the growth of this specific corn-mine for a long time now as I have been researching ideal acquisition targets for CGT. I have also spoken with Mr. Giustra on numerous occasions over the past few months, trying to convince him to consider acquiring this mine. This corn-mine, known as "The Great Yellow Hole" is the third largest in North America. This has strong negative implications for CGT, as they have continuously failed to adapt to new market conditions and prevailing industry trends, and have refused to expand or transition into the corn production industry.
I'd suggest that we all come together at the next shareholders meeting and begin voicing our displeasure to management. For the time being, I would err on the side of caution and hold/sell this stock, until we get a commitment from the firm's leadership on growth into the corn industry.
Cheers, hope you all have a superb weekend!