OTCQX:DMMIF - Post by User
Comment by
Tapps88on Sep 17, 2019 7:18am
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Post# 30134329
RE:Shock and Dread
RE:Shock and DreadRonnie Ronnie Ronnie!!!
You need to read the annoucment my friend... this is a takeover and not a merger.
They said in the announcment they intend to acquire a minimum of 50.1%. That is not a big hurdle. So once they get to that number we then are their servent. You seem like you think the board has any say on the takeover?? This is an offer to us shareholders. Unlike with the merger where the board had to make the call, this time it is the shareholders. We cant stop that nor can the board. I am allowed to sell as you are entitled to not sell. But once they get 50.1% then there isnt much you can do. If they get to 66% then it is game over. We are then a subsidary of the Titan.
But they might do what no leadership has done, actaully invest in the properties. Create value.
I hate to say this but CGLD on the TSXV is a tarnished, unloved company. Throw in the fact mining is on the nose here. It wouldnt matter if we hit the hole of the century at Copper Duke, investors wont come in and buy the stock.
Sometimes if you cant beat them join them, however I have a feeling I might make a lot of money backing them. I will buy more stock tonight. Get on board Ronnie!