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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 phoenix_traderon Oct 20, 2020 11:11pm
50 Views
Post# 31753103

RE:Nordgold matches Shandong at $Aus 1.00.

RE:Nordgold matches Shandong at $Aus 1.00.From Hot Copper:

They are pulling at straws and interpretation of words/sentences. Shandong's statement was in lieu of a higher competing offer. This could be interpreted 2 ways. $1 is not greater than the existing shandong offer so they can't counter.

On the flipside $1 is a higher competing offer than 90c therefore Shandong may have the right of reply. Lawyers/advisors will be having a field day.

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