Core Gold DMMIF

RE:RE:Why I can not sell the Titan shares?

[RONNIE111]

Ok, 1kgcoffee I will put you down for 8 cents.  Spiritflyer is at 5 cents.  And I had picked 3 cents and zero.  But I was thinking a longer time frame, like the ultimate share price for Titan which probably is zero.  But if we make the share price guess for when the shares that Core Shareholders tendered to Titan become freely tradeable, than I would go in for 6 cents.  So I have 6, 3 and 0. More than one guess is permissible.  For me anyway.

And I base my guess on a market cap of Core of $ 50 m,  and that is probably all Core is worth at this time with the disastrous  result all this merger, hostile takeover, stuff has had on Core.  I think Zhoajin recognized that and that is why they reduced their second offer.  So with Titan only being worth what Core is worth and having 800 m shares after they take up Core's shares, and if they don't make more in the meantime, then $50 m divided by 800 m  is about 6 cents.