What NowShareholders, potential investors, (I guess that covers everyone) are understandably concerned about what will happen next with Core Gold. What the BOD4 tried to pull was so terrible (for all the shareholders except the insiders) , and they came so very close to pulling it off, that you would need to be crazy to trust them again if you were one of those who thought you were going to lose your total investment in Core.
But on the other hand, nothing has happened to indicate that they would try something like that again. The deal they tried to do was a long time in organizing, and had some specific components like it had to be with a worthless company , and one not on the TSX. Something like that would be impossible to duplicate, especially in a short time period.
Also nothing has happened to indicate that Titan is anything but dead. The $6 mil raise could have been just to clear up the debts, so that the company could be sold for the $100m in loses on their books. That's worth $30 mil in tax saving in Aussie land. The Peru properties are obviously worthless, and will probably be given back to Carr if he thinks he can avoid jusitice there. The most valuable thing Titan has is the just under 10 mil shares in Core. And it is quite possible they have sold them off ,since the merger judgement, and not to suppress the share price but just because they need the money, and are cleaning things up before selling the company for those losses.
So, obviously I have no idea what is transpiring on any of this, but at this point there is nothing to indicate that it will be bad ( or good ) But positive outcomes from the confirmation drilling at DGF seem more plausible than that the drilling is part of more skulduggery.
It is definitely possible the BOD4 will try and pull something again, but it has to be much less likely now after the judgement ,which the regulators can't ignore.
For me , then, nothing can be ruled out, but I remain cautiously optimistic, and importantly ,for me, nothing at this time , indicates that this is unfounded. The BOD4 aren't going to make a statement where they apoligize for their past actions, so announcing a mini drill program to indicate someone appears interested in DGF, and that legitimite deals are being pursued, is probably the most we can hope for.
I also have great faith in Mr. Piggott. If something bad was coming down the pike, I fully believe we would be made well aware of it, and he would help us fight it off as before. But I really don't believe that is the outcome we will face.