Post by
phantom666 on Aug 04, 2020 6:02pm
Berkwood Plans 1:4 Rollback, Name Change
To change its name to Goldcore Resources Ltd......The board of directors believes that the proposed share consolidation and change of name are necessary to facilitate new equity investments in the company, to finance continuing business activities and to investigate new opportunities.... The company's articles of incorporation authorize the board of directors to approve certain changes to the company's capital structure, including the consolidation and change of name.... As such, shareholder approval is not required. The consolidation and change of name are subject to the approval by the TSX Venture Exchange...... Full NR on BKR's website.
Comment by
GenHandgrenade on Aug 05, 2020 3:47pm
A roll back announcement usually results in a major sell off of the stock. I was/am ready to snap up a bunch of shares at .01 or .005 cents. This going up on big volume is wierd. ANON the big buyer today. I can't believe they are bailing of their graphite it sounded like a good story
Comment by
penwin66 on Aug 05, 2020 8:15pm
never any follow up on that carbon 6 group. really disappointed in communication since new year. was usually good before then.
Comment by
GenHandgrenade on Aug 06, 2020 12:36pm
But why the name change are they changing their focus from Graphite to gold/silver??? Stock is holding at .025 so that is good but!
Comment by
phantom666 on Aug 07, 2020 2:57pm
Speculations abound. The first thing that came to my mind was a J/V, where it would be taken over for 80-100%. Then with the name change, are actively pursuing Gold properties with the prospect of very close to or already closing the deal..
Comment by
penwin66 on Aug 27, 2020 2:47pm
is Tom Yingling still active with berkwood? I just went through his extensive real estate page....who's running BKR full time or are we in for a some management changes?
Comment by
GenHandgrenade on Aug 28, 2020 12:47pm
So how about a spinout of the graphite properties into a new company. Distribute some shares to all us long suffering shareholders as a dividend.
Comment by
snapper2112 on Aug 28, 2020 3:00pm
Great idea. I'm all for it. Been in this for a long time and "invested" way too much. Would be nice to get something back for putting up with their incompetence.
Comment by
penwin66 on Sep 30, 2020 8:54am
seriously what the heck is going on? carbon 6 offtake interview is the last thing I remember tom talking about close to a year ago....now we're goldcore with no corporate update with any meat in it. are we still in graphite? lol