OTCPK:CTNXF - Post by User
Comment by
ClockKing11on Apr 06, 2019 1:51pm
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Post# 29592050
RE:RE:Needed this
RE:RE:Needed this"Why would Mather release anything now?"
--BSD
Good point.
That information is tightly clutched for a reason. Yet the results of the PEA are of little mystery.
The PEA would formally announce that the mass and caliber of the Cascabel concession is greatly expanded. We've already heard plenty of hints. Not to mention, the site has been clearly displayed with leading-edge imaging (as well have the other properties in the Cornerstone rich Ecuadorian portfollio.)
Everyone knows that in Cascabel, Cornerstone is sitting on 23% of one of the premium copper-gold finds on Planet Earth. (Plus a string of Cornerstone's sparkling sister sites twinkle with possibilities.)
So your question is also the answer.
But I wonder what is the strategy in advancing a string of greatly undervalued take-over proposals that are clearly fated to be dead on arrival? It seems on the face of it to be a dopey waste of resources. If that's all it is, then I guess SolGold boasts a pretty lame management non-strategy.
OTOH, no company could be quite that lost unless they are tasting desperate.
Maybe they will prove everyone wrong and win annual management award from the World Mining Council. I guess there is as much chance of that happening, though, as SolGold's next takeover offer succeeding in raking Cornerstone's investors into their pile.