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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 leakeybillon Jan 09, 2016 1:20pm
180 Views
Post# 24443281

New Offer coming .32 (I anticipate)

New Offer coming .32 (I anticipate)Williams is going to make a new offer for COS, which is going to be .32, his rational is going to be I was prepared to give that to you all along but management was in the way of us giving a fair offer to COS. This is the opportunity of a lifetime for Suncor to purchase COS and gain control of syncrude. Suncors 3rd quater oil sands operating costs were 27 canadian a barrel, that is about 18.90 u.s. for a premium product. Full cycle economics are not in play when the entire plant is built and paid for, otherwise sunk costs. If Suncor goes through with the purchase it will put them up there as being a company with one of the largest reserves in the world. Williams will come out of this like a hero and the COS managment only appear to be fighting for their own survival, and not to the benifits of the shareholders. I can not think of one action that they have initiated that would actually prove to the market that better offers are out there, or prove to the share holders that they provide value to the share holders. When i look at COS management i think of a group of accountants running down the halls waving spreadsheets in their hands. That is not how you run a company... Hopefully management will engage suncor to the shareholders benifit and maybe we get .34 a share. In any case they will be gone and hopefully then will wakeup and smell and roses and do the best for the shareholders before they get punted. I sent a email to Suncor to bypass management and talk to the larger shareholders once they are on side we will all tender our shares. Management this is going to happen, stop the whining and do the best for the shareholders in getting the best value you can in these poor market conditions.
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