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Coniagas Battery Metals Inc. T.COS


Primary Symbol: V.COS Alternate Symbol(s):  CNBMF

Coniagas Battery Metals Inc. is a Canada-based exploration and mining company. The Company is focused on nickel, copper, and cobalt in northern Quebec. It is advancing Graal Nickel & Copper Project. The Graal Nickel & Copper Project (the Property) is located in the north of Saguenay Lac St-Jean region. It is comprised of 110 map-designed claims covering 6,113 hectares. The Property is also located at 190 kilometers (km) north from the seaport terminal of Grande-Anse (Saguenay).


TSXV:COS - Post by User

Post by forecast123on Oct 05, 2015 3:16pm
222 Views
Post# 24164608

what COS Management will do in these two months ?

what COS Management will do in these two months ?The deal expiry is Dec 4. Funny CNBC had kept on broadcasting oil has reached its low, so what if oil raises 10 US$ before Dec 4 ? what if COS surprises everyone with a small dividend raise (say from 0.20 to 0.40) to entice COS shareholders ? what if SU stock price keeps on plummeting ? I read the takeover announcement of CSU CEO saying the deal gives COS 35 % premium over the average trading prices of last 30 days ? No wonder COS share price has been that abnormally low in the last one or two months. If SU CEO is really providing an attractive and fair deal for COS shareholders, why not have the 30% premium based on COS average price in last 12 months (52 WK high is 20.16 and 52 WK low is 5.61) ? Let's see what actions COS management will take in the best interest of COS shareholders rather than just blar, blar, blar... I would say the most effective will be a dividend increase but it is obvious one won't kick it in unless oil price rises a bit.
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