RE:RE:RE:RE:RE:RE:RE:Hmmmmm ... Titan Minerals Halted in Australiarjm316
So in other words we should get something from Core by Tuesday night? Unless titan does another extension.
I think it is obvious that Titan knows something .... they had to have been part of any negotiations that probably occurred after the bid period closed at the end of October.
There were several offers, as stated by the company, so if there was such interest, and
some competition from much more significant suitors, it is just my opinion, but I think
that Titan knows that they can't compete with whatever offer(s) that has been deemed
the best by all of the Core Gold directors.
With Titan halted, they're keeping their share price stable, keeping their offer active
to make sure the market knows that the value of their 2.5 Titan shares for each Core
Gold share is (allegedly) worth C$0.42 .... so hypothetically, whatever deal that Core
Gold directors and the prospective acquirier(s)/partner(s)/investor(s) are trying to firm
up into a binding agreement(s) will far surpass whatever Titan has offered or could
afford to improve upon.
Just my opinion, and I could be wrong.
Let's see if the stars are aligned tomorrow ..... ???
standfir ... what sez you ... about the stars that is .... ??? ;-)
GLTA