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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

Comment by ronaldcoon Dec 03, 2015 9:39pm
92 Views
Post# 24352940

RE:RE:Owning COS vs SU

RE:RE:Owning COS vs SUIf you are right and other interested parties see great value, than tnis won't be an issue because someone will take them out.  My point is that if all interested parties look at COS and don't make a higher bid then it's fair to assume that the stock would be lower if you remove the take over premium.  Also, let's not forget oil prices are 10% lower than when the offer was made.  

As far as torque in COS share, where was that tork when oil price were trading at close to 100$ in the past few years and SU still outperformed them.  You want stocks with torque, you can buy ECA, CPG, and mostly every other oil stock on the market right now. (How about LTS that was 30$ and now 30 cents or BNK).  When you only have one assets and you have issues that affects the performance of that asset as was the case with COS, what you get is distruction of capital.  I can't see Suncor doing any worse, so for that reason I think it's up to COS management to find a higher bid or sell out to Suncor.
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