Commander Resources Ltd V.CMD

Alternate Symbol(s): CMDRF

Metals & Mining Industrial Metals & Minerals

Commander Resources Ltd. is a Canada-based exploration company. The Company is engaged in the business of acquisition and exploration of resource properties in Canada and Mexico. Its properties include First Loon, Sabin, October Dome, Henry Lee, Omineca, Burn, South Voisey’s Bay, Pedro, Hammerdown, Flume and Nepisiguit. Its First Loon Property is in northwestern Ontario in the Pickle Lake Gold Belt, which covers an area of approximately 8,892 ha. The Sabin property is located at the north margin of the mineral-rich Sturgeon Lake Greenstone belt of Archean metavolcanic. The South Voisey’s Bay property covers overs 29,400 hectares and is located approximately 80 km in central Labrador. Its Pedro claims are located approximately 100 km from the city of Torreon. The Nepisiguit property consists of over 55 contiguous mineral claim units covering an area of 1,203.9 hectares located approximately 40 km southwest of the city of Bathurst, New Brunswick.

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Commander Resources Ltd > Take over bid is a massive discount to Cash

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Comment by schocoron Mar 05, 2024 4:21pm

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Post# 35916626

RE:RE:RE:RE:RE:Take over bid is a massive discount to Cash

It was curious. They bought up every $.08 share on offer, but few wanted to pay $.085. I am expecting this to move to buying every $.085 share on offer and nobody wanting to pay $.09.

It might be people not thikning the deal will close; but I think its more likely this is too small a comapny for arbs to effecrtively hope on board. To my credit; I bought all the .08 shares I could afford (yesterday).

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