Benton Capital Snakebit -- Antidote Needed It saddens me to bring this up but, I believe if this scenario is exposed to other stockholders, it may help prevent something undesirable from happening, as the stockholders interests appear extremely vulnerable. My concerns are heightened by the potentially great value of the company through its CORO holdings.
When seeking an antidote to a Snakebite ,the first question asked, is what specific type of Antivenom. The truth is there may be no antivenom available. Symbolically speaking we would need a Stares Antivenom.
Coro seems to be a very well managed company determined to do well with its Copper properties. Coro's survival under adverse conditions in Mendoza Argentina, with a refocus on Chile is very impressive. Benton Capital owns around 41 percent of CORO and those shares are ripe for the picking. Can anyone feel confident or comfortable with Steven Stares watching the henhouse. Especially after Stares did a royalty deal with one of his other Benton/Stares Stock Market companies, with Gold Royalty Company. Gold Royalty then tryed to steal Benton Capital. We cannot pin the GRO deal on Stares, but my discomfort level is high, feeling sure something like that is going to happen again. Maybe there is nothing Stares can do to protect the company once the next takeover attempt appears. Can anyone imagine Stares staying up at night trying to figure out how to protect BTC shareholders? I can envision Stares staying up at night wondering what scenario would be best for his interests.
Benton Capital needs to be merged with CORO with BTC shareholders issued stock in CORO. That would make one strong entity instead of a weak BTC and a CORO weakened by having 41% of is shares held by BTC. That would also eliminate BTC / Stares management fees and option issuance draining the company and making it more vulnerable. I dont know what can be done to protect shareholders against BTC management, but this post alerting stockholders is a beginning. I think a small investment in CORO secured by a royalty or shares, by an ethical substantial company like Altius, contingent on BTC being absorbed by CORO, for CORO shares, would be the way to go. The Angel company would get a much stronger CORO and any small investment would help CORO get to the next level.
Canada Moose