Core Gold DMMIF

RE:RE:RE:RE:RE:New trading pattern?

[djstone56]

Well said Merlin. It's funny that you mention BreX. I too saw that analogy at first...but quickly realized that this situation is far worse and much more damning than BreX. BreX duped investors by falsifying assays and drilling results...allowing the ensuing hype and hysteria to catapult the share price into the stratosphere. Regulators and the Exchange were fooled by the Company as well...they were not in on the scam. In our case, the Board knowingly and willingly took steps to allow Titan to try to acquire our assets for next to nothing...at the expense of the Company and shareholders that they are supposed to be working for. They rebuffed at least one other potential suitor in the Fall of 2018...this was confirmed at PDAC. They kept the Company intentionally cash starved...paid PI Financial to produce a flawed fairness opinion, where their payment was contingent upon the success of the Plan of Arrangement. They fired Keith Piggott in March, for bringing in a superior offer from Zhaojin and not voting in favour of Titan's revised offer. They refused to allow Titan to conduct confirmation drilling at DGF prior to confirming a deal that would have provided up to $100 million for a share of the Company and by doing so, effectively turned away the Zhaojin offer. Seriously...how does that move look now? The Board then endorsed the Titan Plan of Arrangement...spent huge sums of Company money defending their actions and ultimately losing badly at the fairness hearing in June. After the Judge's ruling came out in early July, they delayed the start of the Strategic Review Process until September. The SRP yielded 17 Confidential Agreements and 9 site visits. You're telling me that there wasn't any interest in our assets last Fall...that we couldn't have struck a deal then to get some financial breathing room? Gimme a break... And then our Board...knowing full well that most regular shareholders want nothing to do with Titan or their shares...helped Titan acquire the Vertex $2.5 million debt and negotiate a 40% reduced conversion price which has subsequently been blocked by the Exchange/Regulators because...oh yeah...it wasn't fair or reasonable to shareholders, given what has gone on. They also failed to mention the Vertex/Titan connection to shareholders when initially asked about the Vertex debt. All that did was buy Titan enough time to orchestrate the next phase of their plan and launch their hostile takeover. I said earlier that our situation is much worse and much more damaging than BreX...allow me to explain. While we certainly have the same level of corruptness on our Board...that's where BreX stopped. In our case, the Exchanges and Regulating bodies have received hundreds of complaints from shareholders...each one outlining in detail the breaches in fiduciary responsibility and violations of securities regulations carried out by our Board. This isn't made up or fabricated by shareholders...the Board's actions against us and bias towards Titan are documented in Justice Groves written ruling. What did he say...the worst case he has witnessed in 20 years on the bench? And for all of our complaints and documented evidence, our Board has been allowed to carry on with their plan to vest our company's assets to their Australian friends. What we have here is much more damaging than BreX...we have the Canadian Exchanges, Commissions and Regulators all sitting back and allowing this action to go unchecked...and by doing so, they have become complicit in this travesty of justice. If Titan's efforts prove successful, this isn't just a dark day for Core Gold shareholders...it's a black eye on the TSX.V, OSC, BCSC and all associated Regulating bodies. It will significantly impact the confidence of anyone wishing to invest in Canada and shake the fabric of the Canadian Exchanges to their very core. Good luck to us all if that happens. Djstone