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Bullboard - Stock Discussion Forum Sagres Energy Inc V.SGI

Bullboard (TSXV:SGI)

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Post by PulpCutteron May 15, 2023 8:36pm

Since the .357/1 deal (steal) was announced:

1) Gold is up A$500/oz making Plutonic a much-stronger business 2) SGI was awarded 40% of the Marymia tenements that CYL bought Vango to acquire, and 3) CYL's Henty turned out to be an utter ...more  
Post by PulpCutteron May 15, 2023 8:33pm

PLEASE BE SURE TO VOTE

It only takes 33 1/3rd of shares voting to stop this theft.   However, that is of shares actually voting, not shares issued.  So you only count if you vote.
Post by PulpCutteron May 15, 2023 8:30pm

IMO, some creative ambiguity in CYL's announcement

First of all, 22% is a long ways from the 66 2/3rds % that CYL needs to get. Secondly, legally IMO it's unclear if 22% is actually 1) the committeed votes CYL is claiming, or instead 22% is the ...more  
Post by invest234on May 15, 2023 5:00pm

catalyst management incompetent

any shareholder considering to vote yes to get new management should look at how incompetent cyl management is. they massively diluted cyl shareholders by buying vango a near bankrupt company with ...more  
Comment by phantomson May 05, 2023 12:41pm

RE:investigation

i forgot to mention superior head office is on university ave toronto so a globle and mail interview with to co would be very easy .by the way we have some co with 4-5 % in sgi however they are very ...more  
Post by phantomson May 05, 2023 12:27pm

investigation

look like takeover  vango is a big mistake for  cyl with the recent judgement + vango debt. again where is the rush for superior to merge with a high cost producer with only  apprx 25 ...more  
Post by riverrrowon May 04, 2023 2:10am

Gold soaring

SGI up, Catalyst down.  The company has deferred the shareholder meeting date in regard to the transaction with Catalyst and will confirm a new meeting date in due course.  Hopefully ...more  
Post by PulpCutteron May 03, 2023 11:10pm

CYL down 5% on volume.

I'm hoping SGI just told CYL to fashion their offer into a suppository. My ideal scenario is Zuleika accepts whatever CYL has left of Marymia, in payment of the damages, and JVs it to Superior.  ...more  
Comment by PulpCutteron May 03, 2023 10:19pm

RE:RE:RE:RE:Has Collins Street called in their $10 million debt due?

So $14.1M in Vango debt. Plus, have to assume Vango/Catalyst now owes 100% of Superior's court costs (trial and appeal). The only reason Justice Martin only made Vango pay only 80% of Superior ...more  
Comment by petersburggrayon May 03, 2023 8:27am

RE:RE:RE:Has Collins Street called in their $10 million debt due?

I reread the bond indenture. Sgi recent victory at wasc will result in the conversion price being reduced so should Collins Street convert the bond to catalyst shares, the number of catalyst share ...more  
Comment by PulpCutteron May 02, 2023 11:40am

RE:RE:Has Collins Street called in their $10 million debt due?

Pete -  You were first to mention that Collins had the right to call the bond in; I'm just joining the bandwagon. CYL's business is falling apart.  About as robust as tissue ...more  
Comment by petersburggrayon May 02, 2023 6:06am

RE:Has Collins Street called in their $10 million debt due?

The bond indenture for the Vango Collins Street convert is in a vango filing from last year. At the time vango borrowed the money I went through this document and recall that it contain certain ...more  
Comment by petersburggrayon May 02, 2023 6:06am

RE:Has Collins Street called in their $10 million debt due?

The bond indenture for the Vango Collins Street convert is in a vango filing from last year. At the time vango borrowed the money I went through this document and recall that it contain certain ...more  
Comment by phantomson May 01, 2023 1:26pm

RE:Has Collins Street called in their $10 million debt due?

Pulp   thank  another reason to srap this merger as a due diligence case.hope jordaan will wake up