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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 forecast123on Jan 06, 2016 4:22pm
87 Views
Post# 24434342

RE:RE:Great poker game

RE:RE:Great poker gameOop, wrong typo in my calculation.. Here's the correction : Say if SU has 30% of shares by Jan 8 2016, SU still needs 37% (about 180 M shares) ...If SU kept on buying from open market each trading day (av trading vol is 2 M, so 0.5 M shares per day), SU will need 360 trading days.... During this lengthy 360 days, those who have tendered their shares (the 30% group) won't want to get tied up forever....also, oil price will change...so interesting scenario of SU buying from open market to close the deal ! Bearing in mind Seymour Team held up 28 % which won't bulge for sale in oen market... The ONLY way Williams close the deal is to attract more people to tender by sweetening the offer
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