OTCPK:CTNXF - Post by User
Comment by
NiN777on Oct 16, 2020 6:38pm
151 Views
Post# 31732928
RE:Correcting SolGold
RE:Correcting SolGold I don't have an issue with consolidation, the issue is that they're trying to pull-it off right before BHP standstill agreement expiry. That smells fishy. I can't see why BHP would not try to snap SolGold at the "bottom" of the copper market. Copper seems ripe to break on the upside within the next two years.
https://www.macrotrends.net/1476/copper-prices-historical-chart-data
BSdetector2016 wrote: Greg Chamandy, Chairman of Cornerstone's Board of Directors and a holder of over 10% of the outstanding Cornerstone common shares, said:
"Following the embarrassing hostile attempt by SolGold, that was 100% certain to fail even before it was formally launched, it is not a surprise that the SolGold Board continues to repeat false and misleading statements in an attempt to hide their incompetence. SolGold's suspect corporate governance, self-dealing practises and waste of significant resources simply confirm that the SolGold Board is incapable of managing the affairs of SolGold for the benefit of all shareholders in a prudent and transparent manner. Cornerstone will provide an update on our intention to requisition a general meeting of shareholders of SolGold in due course." https://www.cornerstoneresources.com/i/pdf/NR20-29.pdf