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Coniagas Battery Metals Inc. T.COS


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

Metals & Mining Copper
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

Coniagas Battery Metals Inc.
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Post by Indicatoron Dec 04, 2015 5:36pm
198 Views
Post# 24356379

Sinopec paid CDN $34/share equivalent

Sinopec paid CDN $34/share equivalent
"When adjusted for the current level of COS debt, the value Sinopec paid equates toC$34 per COS share, which is more than three times the value of the Suncor offer."

https://www.burgundyasset.com/data/newsletter/2015-12-Not_the_Time_to_Sell.pdf

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Short sighted suckers will tender their shares - Patient investors will be willing to hold out and not sell into the fear generated at this extreme short seller driven low in the oil cycle.
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"COS share price is 98% correlated to oil price
SU share price 66% corrrelated to oil"

https://business.financialpost.com/news/energy/canadian-oil-sands-ltd-urges-shareholders-to-reject-suncor-energy-incs-undervalued-opportunistic-and-exploitive-offer

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