OTCQX:DMMIF - Post by User
Comment by
Malpeque2on Dec 12, 2019 12:57pm
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Post# 30448357
RE:RE:RE:More grist for the mill - More Questions
RE:RE:RE:More grist for the mill - More Questions TAD:
I respect your opinions here and your level of effort and detail, but it's much simpler than that.
Titan is not even trading. So, the value of the offer in their circular IS A FRAUD in Canada Securities. 2.5 times or 3 times SH*T is still SH&T.
The latest news release from TITAN does not disclose a PRICE at which the latest round of financing coming in to TITAN subject to the deal getting done. This is also garbage news. It's part of the FrauD.
CORE4 BOD has been and continues to violate their fiduciary duty as you point out their FALSE and MISLEADING response to the "improved" offer from Titan.
You have to ask WHY?
The answer is simple:
They are all going to pile into the next offering down under in 2020 that will be done at some knock down price. Nowhere near 18 cents, or 16 cents. THey are looking for IDIOTS to play the "perception" of a wonderfull ARB opportunity, but you can't short or even value the other side of the ARB, namley TITAN, as it doesn't even trade.
The current quote of CORE implies a Titan offering after the close of maybe 9 cents.
IMO it gets done at less than that. I say 5 cents. It will push down from 16-18 cents in a matter of a day or two as anyone buying CORE can sell the Titan toilet paper when they receive it. Any the Canucks will be f%cked in a matter of days just waiting for the stock certs and stock position in all the beneficiary accounts to show up and be able to trade it.
IMO based on the gold grade and the off the shelf nature of the hillside graded terrace of a mine, that an awfull lot of gold or $$$ has done walkabout over the years, including the past few years..............so.................everyone including PIggott has been in on the take.
The real multi million $$$$ question is what level of geo work and drilling has been done on the properties that has been done "off the books" either buy the company or allowed privates to come on the property over all these years to take a look at the rocks.
They fight way way to hard to steal it, with a total BS company offer, that they have been obviously trying to STEER it to Titan from the get go, tells me there must be something good down there that they know about and have not told ANYONE. Nobody on this BOD would fight for scraps this hard IF they did not already know something.