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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 raymeon Jan 18, 2016 9:08am
216 Views
Post# 24468166

raw deal

raw dealFrom COS news release only weeks ago; A Full Share of COS is Worth More than a Quarter Share of Suncor Consider what Suncor is actually offering. No cash. One quarter of a Suncor share for each COS share you own the equivalent of about $9. If the offer were successful, COS shareholders would own less than 8% of Suncor afterwards. Suncor says it is offering you a "premium"; a premium on our lowest trading price in 15 years is no favour. You would have sold your asset for a fraction of its value. COS has returned significantly more capital to shareholders than Suncor. Since 2001, COS has returned $16.85 per share in dividends. Had COS shareholders instead owned 0.25 a Suncor share over that period, they would have received only $2.28 per share as dividends and share buybacks. WHAT A BUNCH OF B.S., NOW FROM .25 OF A SHARE TO .28, THIS IS THE BIG HOLD OUT MANAGEMENT WAS WAITING FOR. THESE SHARES USED TO BE LOW $20 & now all shareholders take a big loss,
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