OTCPK:CRZNF - Post by User
Comment by
JohnnyBurnetteon Oct 06, 2022 3:30pm
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Post# 35010321
RE:RE:RE:Majority of the minority is a requirement.
RE:RE:RE:Majority of the minority is a requirement. Phoenix, if you believe there's a pending better offer, you'd be snapping up all the shares you could at the $0.03 price.
The thought experiment that explains why there's little chance of a silver knight swwoping in is to ask what price RCF would sell at: They have to have sunk costs of $0.25 or more at this point, and I doubt they plan on selling for a loss. Who would pay a premium to get in bed with those folks as a minority shareholder??
Their play is takeover by bankruptcy, I think it has been their plans for several years.