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.

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Cornerstone Capital Resources Inc > Consolidation

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Comment by BSdetector2016on Jun 01, 2019 9:29am

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Post# 29791004

RE:RE:RE:RE:RE:RE:RE:Consolidation

So there you have it. Management and the Board are working for a select few, not for all shareholders, and certainly not for their interests. Management had better roll-out a dog and pony show that shows why this consolidation stunt AT THE WORST POSSIBLE TIME is good for ALL shareholders, not just the privileged few.

FoolAndHisMoney wrote: Its the Board that makes those decisions and it was influenced by the control group which owns more than 50%. Last time it failed because the control group wanted different classes of shares which the exchange rejected. Now the control group wants a share price in the dollars so they can margin their holdings which cant be done with a penny stock. So the answer is that the Board is working for the control group and they are assuming their interest is the interest of all.

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