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Cardinal Resources Limited. CRDNF

Cardinal Resources Limited is an African gold-focused exploration and development company which holds interests in tenements within Ghana, West Africa. The Company is focused on the development of the Namdini project.


GREY:CRDNF - Post by User

Comment by lumpy13on Oct 29, 2019 5:47pm
112 Views
Post# 30283796

RE:I don't get it?

RE:I don't get it?Neither do I as first glance this looks to be a quite attractive project and a ripe candidate for takeover.  

But I wonder if people are intentionally driivng down a relatively illiquid stock to make it cheaper for a takeover or if there is something technical about the project that raises doubts, which the company hasn't fully disclosed.  Third option is that they are raising new funding, which wll require a discount and word has leaked out.
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