Core Gold DMMIF

All bad

[RONNIE111]

There is nothing good about this for Core Gold.  The money that will be raised by PP will be done after the merger.  If anyone actually buys the PP it will because of the assets that Core has.  Titan ,if you look closely, has essentially no assets of any value.  It is a totally mickey mouse company.  And of course the PP will lead to a whole bunch more dilution.  If Core wanted to go the PP route they could do so themselves .  As it stands there will be twice as many shares, at least, depending on the tricks the new company that will be controlled by Titan totally, will get up to.  Remember in their past they issued billions of shares to steal the value from shareholders.  
The properties that Titan own in Peru are a tiny mill without a mine, and some properties that maybe have some gold.  All the value in the  new proposed company will come from Core.  I estimate about 95%.  
This is 100% a bad deal for Core.  And so far the only ones in favour of the deal are Titan of course and at least three Core Directors.  It is easy to see why Titan, a new company with mostly nothing would want to get in bed with Core.  If anyone sees a reason why at least three directors of Core would want to climb into that bed, I would much like to know.  The only reasons I can come up with are unmentionable and possibly subject to libel.