RE:LoveGOD has 1 word for you all today, listen carefullyJoda007 sez
You will all be in the box seat, the front Row to watch the Golden showtime! If you are happy with the Chinese paying you cash then you are giving away all the show that follows, the Chinese will drill all the Golden Gold are you guys will all be happy getting front row seats to watch the Ice hockey show on Saturday night with your Local girls whilst the Chinese are driving Lamborginies with the hottest girls on the Planet in the Passenger seat.
Really now ... ?? .
Getting paid cash by the Chinese ...??
Who told you that ...??
Tell us more Joda007 .... you and all your "Aussie" minions always seem to have some sort of
inside track info when posting your pearls of wisdom to us mere mortals on this forum.
Or as your buddies might say .... casting pearls before the swine (pigletts)
If the people behind Titan were interested are that excited about the upside potential
of the Core Gold assets, they'd come in with C$20 million cash for say 80,000,000
million shares at $0.25 for a 33% equity stake in Core Gold, Core Gold would have
about 245 million shares outstanding, continue trading on the TSXV and we'd all
participate in the upside without massive dilution.
But no .... Titan is offering Core Gold shareholders a stake in a company with 782 million
shares outstanding, with NO CASH from the outset, potential legal issues of $45 million in environmental clean up costs in Peru, some principals of Titan with a penchant for issuing false and misleading statements to their own shareholders, a history of massive dilution, followed by share consolidations ....one was for 350 :1 to leave original shareholders with only 10 million shares, then saw their shares diluted to 2.5 Billion, before another consolidation of 10:1 ... and now they are being asked to see another 485 million shares of dilution, plus whatever more shares to be issued to raise money to pay for exploration and develoipment in Ecuador.
So what ...... maybe 1 Billion shares again ? Before another share consolidation and bringing in their "friends" to do another massively dilutive financing and wiping out the original equyity stake of the former Core Gold shareholders ....
No thanks. I'd prefer to go it on our own, muddle along if no other deal comes about.
But please tell us all about the cash we're going to be paid by the Chinese, I'm all ears.
GLTA !