Cornerstone Capital Resources Inc V.CGP

Newcrest Mining

[cigarbutts]

The SOLG announcement says that Pursuant to its 2016 Subscription Agreement Newcrest will not be permitted to acquire shares of Cornerstone before Oct.17, 2019. Cornerstone statement did not mention NewCrest being locked out. It only mentioned BHP not being able to bid pursuant to their subscription agreement with SOLG. Judging by the Press Release put out by CGP, Seems like the braintrust at Cornerstone and SOLG have a bit of a disagreement about exactly what property(s) are incorporated by the AMU. Possibly another indicator of just how well these people running Cornerstone are actually performing on the job. Look, the BOD/Management don't like what I have to say about THEIR stewardship of Cornerstone. Does not mean I am acting in Concert with SOLG or their bid. Actually, IMO their bid is pretty lowball, the minimum, about 20% over market. BUT, again, I think these people running Cornerstone are doing about ZERO to support/enhance Cornerstone share value, such that they can then issue themselves shares in a Private Placement, or thru freebie shares in stock options, to dilute shareholder value while we all wait for something good to happen here. Basically, I think they pay themselves quite well to essentially "wait" and do nothing while I don't get paid to wait as a public shareholder of CGP. Further, at least SOLG can point to a record of discovery and financing at higher prices that indicates some amount of Economic Value Added to the Cascabal property.