Core Gold DMMIF

TTM volume

[robnhood]

4w Avg Volume 1,482,728

 That equals less then $33,000 Au$ a day.

 Not much for a stock with over 2.5 billion shares outstanding.

Kind of makes a mock of the actual price being reflective of the real value of TTM.

[robnhood]

It appears that it is very tightly held and that is why we are not seeing any arbitrage.   That is why they can easily keep the price over 2 cents when it's most likely value is much closer to zero.

[robnhood]

The deal sure does look stinky but if all of CGLD's assets are as good as many seem to think then why is there not a lot more interest from other suitors?

[Bailey3]

The BOD is so married to Titan that it does not want any other offers. Why do you think they abruptly raised the break fee payable to 3 million and cancelled the 60 day go shop period. what we need now is a hostile takeover of at least 14 million dollars, which in the BOD's own press release would be a superior deal than the Titan offer. " Under the Arrangement Agreement with Titan, Core

[edx]

The company's assets were under lien until December and not for sale. Shortly after the liens are lifted the company announces this merger deal with Titan. Think about that for a second... Then, Keith dissents unless he gets a "go-shop" period of 60 days, which is an absurdly short period of time to try to get a deal done from scratch, but finds one anyways. Then the Board goes out

[calculatedrisk3]

My interpretation: BOD continues to defend dodgy deal with Titan that is likely to harm their reputations and continue to smear Keith Piggott for not going along. Player/manager Keith Piggott hit a fourth inning grand slam to take a commanding lead but BOD plays umpire and calls smash a foul ball (fans at the game thought they heard it called a Chinese home run) and tosses Keith from the game as