Core Gold DMMIF

Collapsing as expected....you know who

[merlin991]

Back down to 18.5c. Likely back to below 15c of course. 

The so called offer is a joke of course. They bought shares back in March at an exhorbitant interest rate loan and are under water the $6m raised has mostly gone to Vertex? They now have extended the loan for another 3 months. 

They can barely get by especially since they give themselves nice wages. 

They pushed the price back up with the funny offer probably to reap something back on their March investment. 

For Core shareholders it hardly matters. We will see the partnership terms in perhaps 3 weeks and it will not be 2.5 shares of confetti. In the end business is business and with gold refusing to decline there will be a very decent offer coming in. I have heard that several parties are in process.

As Tad said earlier gold is $250 higher so a good offer will be on the table.  And again use the ignore button and declutter this board.