Core Gold DMMIF

RE:RE:Core Gold Restructures Vertex Debt

[Tad]

Bailey3

Interesting comments on BNN's Commodities report this morning.

Ian Robertson of Kingsdale Advisors was interviewed by Andrew Bell. 


https://www.bnnbloomberg.ca/video/activists-targeted-your-gold-investments-here-s-what-you-should-do~1758949


Pay close attention to what Mr. Robertson said about shareholders voting at an AGM .

Every shareholder who was opposed to the recent actions of the four Core Gold directors need
to voice their displeasure with the rogue actions of the four and vote accordingly at the AGM.



Lead director Gregg Sedun and CEO Mark Bailey have presided over a
45% drop in our share price from the March 8, 2019 close of $0.30 when they
terminated Keith Piggott as CEO and President during the weekend of March 9
2019 ... and now we're trading at $0.17 .... while the entire junior and
mid-tier gold space is up anywhere from 25% to +100% with the $200 rise
in gold prices in the same time period. 

Excellent performance, eh ? 


And shareholders are supposed to have some "faith" that these four individuals
are now going to act in the best interests of the company and its shareholders ? 


The share price is indicative of the lack of confidence placed in these people
and they should all be offering their resignations, or at least publicly announcing
they will not be standing for re-election at the AGM on Oct 8 2019. 


Unfortunately, for now, we have to rely on the same  "collective wisdom" of
these four directors, along with the fifth director Keith PIggott, (the only director who has been looking out for our best interests), in working together to decide what the best course of action may be with all the current supposed interest in our company from multiple parties.
 

Just remember, Zhaojin was offering US$100 million over a three year period
of time for a 20% equity stake of Core Gold and a 60% share of the Dynasty Goldfields Project. Seem to me Zhaojin was valuing all of Core Gold's assets somewhere in the range of US$350 - US $400 million and here we are with a current market cap of C$28 million.

Again, such excellent performance right Mr. Sedun, Mr. Bailey ? 

Surely the recognized value that Zhaojin MIning placed in Core Gold's assets should be reflected in any potential financing, partnership, merger, or takeover that may occur in the coming weeks and months ?


GLTA !