OTCQX:DMMIF - Post by User
Comment by
The_Alchemiston Dec 10, 2019 4:27pm
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Post# 30441307
RE:RE:Arbitrage time? / Core Gold announces 2nd bidder
RE:RE:Arbitrage time? / Core Gold announces 2nd bidderMerlin991, I appreciate the breakdown and your logical assessment.
I questioned Titans numbers, but I also know not to believe much of anything they say. Either someone on the BOD has betrayed shareholders and also broke the law by pledging his shares to Titan while being privy to insider information, or they’re lying. Time will tell.
The market obviously doesn’t trust a word Titan says or as you were saying arbitrage investors would be flocking to buy Core Gold shares anywhere under $.45 AUS. The smart ones are positioned for the non-hostile offer from the strategic review process. Which logic would dictate, should be in the neighborhood of Titans increased offer or they wouldn’t have increased their offer?
The Alchemist