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Cardinal Resources Limited. CRDNF

Cardinal Resources Limited is an African gold-focused exploration and development company which holds interests in tenements within Ghana, West Africa. The Company is focused on the development of the Namdini project.


GREY:CRDNF - Post by User

Post by lumpy13on Jun 16, 2020 12:13pm
128 Views
Post# 31156003

Strategic transaction discussions

Strategic transaction discussionsThe company admits that discussions are on-going.  About exactly what, isn't clear.  My take is that a big player would come in and take a major stake in the company or undertake a JV.  PR doesn't read as there might be an acquistion of the company.

https://stockhouse.com/news/press-releases/2020/06/16/response-to-ghana-media-speculation-and-continuing-strategic-process
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