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Carlisle Goldfields Limited T.CGJ



TSX:CGJ - Post by User

Comment by hrattleon Nov 17, 2014 11:55am
149 Views
Post# 23136136

RE:RE:Urgent Attension Required!

RE:RE:Urgent Attension Required!No one expected a shareholder vote on the AuRico deal so I doubt if the TSX will interfere (no exchange likes making management decisions) but watch the shareprice - the market will signal the likelihood of the Nord Gold "offer" being realistic. Of note is that millions of shares traded well below Nord Gold's 9.6 cent non-offer, which is a strong indicator that it will go no further.

The major shareholders want to participate as Lynn Lake is developed - 9.6 cents won't cut it for them and they can wait 3-5 years.

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