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Cornerstone Capital Resources Inc V.CGP


Primary Symbol: CTNXF

Metals & Mining Industrial Metals & Minerals
Cornerstone Capital Resources Inc is a mineral mining company. Through its subsidiaries, it is engaged in the evaluation, acquisition, and exploration of gold, silver and copper projects in Ecuador and Chile. The group is organized into business units based on mineral properties and has one business segment.


OTCPK:CTNXF - Post by User

Cornerstone Capital Resources Inc
Bullboard Posts
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(1)
•••
Comment by momentum_seekeron Jun 16, 2010 6:23pm
225 Views
Post# 17195693

RE: RE: RE: Warrants expired ANYWAY...

RE: RE: RE: Warrants expired ANYWAY...A Flow-Through PP would have restricted the cash to just Canadian properties as well...unrestricted cash is and will be needed to advance the Macara JV with Newmont to get to the drill ready stage.

At the end of the day, it is the results from a drill program on Shyri that will dictate whether CGP longs are rewarded for their patience. Having RR as a big investor will help to make sure that full value for the CGP share price will be reflected when and if we hit on Shyri.

I doubt that RR would be back in again if he didn't have assurances that the drill permits were in hand.  I also doubt that RR bought in because of Little Deer, Red Cliff, or any of the other properties that CGP has in its stable...it's all about Ecuador.

We're close IMHO.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities