Cornerstone Capital Resources Inc CTNXF

Metals & Mining Industrial Metals & Minerals

Cornerstone Capital Resources Inc is a mineral mining company. Through its subsidiaries, it is engaged in the evaluation, acquisition, and exploration of gold, silver and copper projects in Ecuador and Chile. The group is organized into business units based on mineral properties and has one business segment.

OTCPK:CTNXF - Post by User

Cornerstone Capital Resources Inc > Needed this

<< Previous

Bullboard Posts

Next >>

Comment by ClockKing11on Apr 11, 2019 10:33am

163 Views

Post# 29612462

RE:RE:RE:RE:RE:Needed this

My guess is that he is setting up a Base offer which (he knows) will be rejected outright and then followed by him offering multiple few percentage increases and management boardroom seats until he gets a yes. Cgp management wanted 50% of the seats. Question is at what level they start asking us to accept the offer.

--Optimist

That's one possiblity.

OTOH, another thought we've heard is that SolGold doesn't have the money to afford a Cornerstone buyout at true value.

SolGold hasn't yet met all the earn-in requirements according to Cornerstone press releases. It this is true, maybe there is the hint of some desperation in SolGold's exercise in futility.

<< Previous

Bullboard Posts

Next >>

Geologica Resource: Polymetallic upside at a depressed price