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Core Gold DMMIF

Core Gold Inc is a gold mining company based in Canada with all operations in Southern Ecuador. The company primarily explores for gold and silver. Some of its projects includes Zaruma Mine & Portovelo Mill, Dynasty Goldfield and Copper Duke Project.


OTCQX:DMMIF - Post by User

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Post by cigarbuttson Apr 22, 2019 4:37pm
108 Views
Post# 29656266

GO FOR APPRAISAL RIGHTS

GO FOR APPRAISAL RIGHTSA lot  of times the these merger deals have a condition that "no more than"  5% or 10% of the shareholders filewith the B.C. Court or the court of jurisdiction for CORE GOLD for appraisal rights,otherwise the "buyer" has the right,  but not the obligation  to walk from the deal.

Reason being,  time and expenses of actually exercising apparaisal rights defense for the buyer can be prohibitive.  

Here,  IF CORE I-bankers issue a "fairness opinion"  which appears to be based only on the 10 day or 30day VWAP price of Titan,  in a controlled maket,   where 90%of the float is tightly held, and then they subsequently "push" the stock down to .2 cents or 1.5 cents,  and then issue $20M aussie worth of shares,  meanwhile, back in Canada your arguing with the courts about the "appraisal rights and the fairness opinion" and the judge in the case sees the stock drop 20% or 50% and the issuance being done,  well you might just have a very good case now forthe judge to consider,  that the supposed takeover premium by Titan based on the VWAP was a sham.  .
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