RE:RE:GCU got acquiredcasher wrote: CGJ could have been taken out by Nordgold. Offer was over 9 cents at the time (pre-split) or above 58 cents in todays price. I remember how many people on the board here were bashing the deal which was great hence me taking a position here.
THERE NEVER WAS AN OFFER.
No matter how many times you post that Nord Gold made an offer it will not be true. That is what people here bashed - the fact that Nord Gold never made an offer but instead tried to sucker the market into thinking they would. CGJ rose nearly 50% but still to only 2/3rds of the fake offer price (because the pros knew what Nord Gold was up to).
Adding the CFO from Alamos to the board is a strong signal that they view Lynn Lake seriously.