Core Gold DMMIF

Metals & Mining Industrial Metals & Minerals

Core Gold Inc is a gold mining company based in Canada with all operations in Southern Ecuador. The company primarily explores for gold and silver. Some of its projects includes Zaruma Mine & Portovelo Mill, Dynasty Goldfield and Copper Duke Project.

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Core Gold > Good deal?

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Comment by 1kgcoffeeon Nov 25, 2019 10:26pm

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Post# 30391828

RE:RE:RE:RE:Good deal?

Someone on the hot copper boards put forward the idea that this is all to keep the share price stable for a PP. Titan needs the cash badly. How could this be related to Core Gold? Well, if they can't the vertex debt and 18c shares, why can't they just do a PP, lend money to Core to roll over the Vertex debt, in exchange for shares? Sneaky, obvious, the only possible strategy that I can think of.

They then take those shares, and the tendered shares from 'ahem' certain people for a controlling stake in core.

Just playing around with some ideas. We will know in 24 hours unless they kick the can.

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