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Carlisle Goldfields Limited T.CGJ



TSX:CGJ - Post by User

Comment by Winny1on Nov 18, 2014 1:42pm
109 Views
Post# 23140564

RE:RE:RE:FP: The Carlisle Gold-AuRico deal: A change of control but

RE:RE:RE:FP: The Carlisle Gold-AuRico deal: A change of control butI think basically what happened was Nordgold told Carlisle to take a hike or take the lowball offer of say 6 cents for the Company. So Carlisle management finally found a partner in Aurico and that really surprised Nordgold because Carlisle management didn't communicate the deal with it's shareholders and just went ahead with the announcement. I think there will be another offer somewhere between 12-15 cents. Let's see what tomorrow brings with the meeting between Carlisel and the regulators. If the regulators agree with Nordgold, maybe the share price will react positively?
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