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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 gvfsdgbfsdgbfsaon Jan 08, 2016 1:11pm
130 Views
Post# 24440740

RE:READ THIS AND YOU WILL GET YOUR ANSWER AS TO WHAT SU WILL DO

RE:READ THIS AND YOU WILL GET YOUR ANSWER AS TO WHAT SU WILL DOGood article but I think the lawyer (Davis) stating they can squeeze the minority shareholders out is not looking at what COS actually does. Essentially COS has what  --33 employees. So it sells its share of oil produced at Syncrude, pays for its share of operating and capital expenses, borrows moneys when necessary, pays dividends, pays back loans and thats it. Imperial operates Syncrude under contract and takes care of all the operations at Syncrude. So what can Suncor do if it controls the board?? Reduce expenses in COS which would benefit all shareholders? Try and make Syncrude more efficient which again benefits all owners of Syncrude and minority COS shareholders. The only way they could get cash out of COS without a lawsuit would be to declare a dividend which would apply to all shareholders. They need 90% of shares to squeeze out the remaining shareholders and that should have been stated in the article.
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