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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 whatdoyouthinkon Jun 19, 2020 9:01am
163 Views
Post# 31168490

I do not think this is the end of the story......

I do not think this is the end of the story......NordGold made a very low offer. The Chinese offer is acceptable, if need be. 

I think .60 AUD is still too cheap and expect a higher offer from NordGold or someone else.

I would expect .75 to be high enough for the next offer to cut the deal. 

A new .70 AUD offer might not be good enough, the stock would be still cheap enough to get another counter offer, maybe a .80 AUD 




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