OTCPK:CTNXF - Post by User
Post by
RatPatrolon Apr 30, 2021 9:23am
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Post# 33100128
Ringfenced
RingfencedThis catchy term was used 2 days ago by Mr Keith Marshall in a presentation to raise US$60 million for SolGold.
IT PROVIDES A REVELATION FOR ANY CGP SHAREHOLDER THAT SEEKS FULL VALUE.
Pull up a chair as I struggle to to explain.
It appears to me that Franco Nevada's NSR cash layout (so small, sooo unnecessary) will apply to a surveyed area of the Alpala property.
RIGHT OUT OF SHAKESPEARE!!
FNV may be acting disingenuously, so its interest will be categorically defined.
(This is a smart thing to do anyway.)
Mr Lassonde would do well to read "The Merchant Of Venice", because this attitude is uniquely featured in Shylock's character.
By DEDUCTION, a big piece of Cornerstone's value is also defined.
Why, you ask?
Well, CGP's directors rightly refused to be party to anything offered by SolGold's former, freebooting President, Mr Nick Mather.
With FNV's interest so carefully defined, Cornerstone's 15% interest in ENSA can also be more clearly evaluated.
And THERE, sports fans, is where I must leave this little ditty.
BUT know that....
More than one ending,
More than one offer is possible.
As Bob Dylan would say 'It's ALL GOOD!".