RE:RE:Titan Minerals may have some problems with their Vista Mill Standfir,
Word from Australia is that the most desperate measures are being
trialed by Titan to get control of some Core Gold shares. Obviously, if any
Core Gold board members sold to Titan, that would transparently be insider
trading and 10 other actionably grievous missteps, since the Core board are
deep in the strategic process. Shareholders would be on them like a pride
of lions at feeding time. But apparently no other big blocks of shares are
interested in Titan confetti either.
Standfir, we know this forum is being monitored, so let's re-emphasize what you
just stated, any shenanigans by ANY of the directors of Core Gold's board will be known
very quickly, and will be dealt with through the securities commissions and quite posibly
other avenues. Filings with the TSXV already have concerns relating to the actions
of a director, or directors, and the CFO in August 2019, during the very time that Core Gold
was supposedly restructruing the promissory notes and amendments to those notes that
included lifting of restrictions to assign the US$1.5 million note to another party. The TSXV
rescinded their initial approval on September 13, 2019 and have still not approved of the
restructuring,
This was posted on the Titan Minerals Hot Copper forum on November 21, 2019 by someone
going by the ID of "OzThatch"
https://hotcopper.com.au/threads/ann-trading-halt.5080708/page-5 "May take a while ttm is in suspension now but the ttm board want it done. TTM share price
has been smashed from 4c to 1.8c equivalent since this core takeover strategy started. Hasnt
been the best returns for ttm shareholder growth. Turtle TTM has spent far to much to walk
away now. Cost. millions to try get the deal done.
another option available buy 51% of core shares off market change core board to ttm board delist
core and merge on asx" Again, as you inferred standfir, Titan could not obtain 51% of the shares of Core Gold "off market" without
the complicit participation of Core Gold directors, and their circle of friends, family and business associates.
With Core Gold directors in the thick of negotiations with "several" parties and most likely closing in on
an agreement with the best offer, any "off market" transaction by anyone associated with Core Gold and
its directors would be asking for trouble.
DO NOT TENDER TO THE TITAN MINERALS OFFER OF CONFETTI PAPER, EVER.
GLTA !