Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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.

Bullboard (GREY:CRDNF)

View:
Comment by phoenix_traderon Dec 23, 2020 9:13pm

RE:Nordgold accepts Shandong's offer for Namdini A$ 1.075

A few hours later Dongshan outbids Shandong (the same Shandong who Ottawa nixed for TMAC's Hope Bay project). Dongshan claims to be Emirati- Russian controlled, will they now bid for TMAC ...more  
Post by phoenix_traderon Dec 23, 2020 8:14pm

Nordgold accepts Shandong's offer for Namdini A$ 1.075

And Shandong loses TMAC"s Hope Bay project. London, United Kingdom, 24 December 2020 – Further to Nord Gold S.E.’s (“Nordgold” or the “Company”) announcement on 21 December 2020 reminding ...more  
Comment by 123buyholdhopeon Nov 24, 2020 3:12pm

RE:The "very" long awaited $1.05 offer filed

Yes, here comes Cardinal's much hoped for (and basically publically requested) third party bid intervention. Must have both CR and especially Shandong (after their last offer misstep) breathing a ...more  
Post by phoenix_traderon Nov 24, 2020 12:14am

The "very" long awaited $1.05 offer filed

Frees up NordGold and Shandong to renter the bidding arena. Gahanian rntity bids $1.05  
Post by 123buyholdhopeon Nov 19, 2020 12:17pm

Cardinal Resources - A Mess

How did Shandong get itself into such a pickle over this bidding war? Seems if they had just included, a couple of words in the statement that they would offer a higher bid if’ …there is a (matching ...more  
Post by phoenix_traderon Oct 30, 2020 9:13am

Virtual Bidding war - Cardinal asks regulator to rule

Cardinal submits (among other things) that: • each of Nord Gold S.E. (Nordgold) and Shandong Gold Mining (HongKong) Co., Limited (Shandong) are engaging in a “virtual” bidding war, by stating or ...more  
Post by phoenix_traderon Oct 22, 2020 8:52pm

Nordgold cries foul! Wirh28% already they can pay more.

Seems to me that MMCAP holds the 11% card, maybe others as well.  Nordgold understands that Cardinal’s financial advisers have actively represented to Cardinal shareholders that Shandong can now ...more  
Comment by phoenix_traderon Oct 20, 2020 11:17pm

RE:RE:Nordgold matches Shandong at $Aus 1.00.

Cardinal's Directors say Shandong can increase the bid. TAKE NO ACTION   INCREASED ONMARKET TAKEOVER BID BY NORD GOLD SE   Cardinal Resources Limited (ASX / TSX: CDV ...more  
Comment by phoenix_traderon Oct 20, 2020 11:11pm

RE:Nordgold matches Shandong at $Aus 1.00.

From Hot Copper: They are pulling at straws and interpretation of words/sentences. Shandong's statement was in lieu of a higher competing offer. This could be interpreted 2 ways. $1 is not ...more  
Post by phoenix_traderon Oct 20, 2020 11:08pm

Nordgold matches Shandong at $Aus 1.00.

 Will MMCAP fold, Shandong's hands are tied, it appears.  Nordgold announces increase in Offer for Cardinal Resources Offer increased to A$1.00 per share Nordgold holds voting power ...more  
Comment by phoenix_traderon Oct 20, 2020 4:50pm

RE:The standoff continues, MMCAP may be the kingmaker.

Spartan's comment from the September MMCAP report. The largest contributor to performance during the month was Cardinal Resources in the merger arbitrage book. A bidding war between Nord Gold ...more  
Post by phoenix_traderon Oct 20, 2020 4:35pm

The standoff continues, MMCAP may be the kingmaker.

Nordgold with 28%, per Sedar Early warning dated Oct.15th. Shandong with 11% per Sedar Early warning dated Sept. 25th. MMCAP with 11% per PR dated June 19th, no Sedar filing and Spartan's current ...more  
Post by phoenix_traderon Sep 22, 2020 9:19am

From Hot Copper - Goldfield call option.

GF's call option period commences on a superior offer (than Nord's initial $0.46 offer) becoming unconditional. So now with Shandong unconditional GF's option period commencing (I think ...more  
Comment by whatdoyouthinkon Sep 07, 2020 1:51pm

RE:92 cents is not the end!

Nordgold will get higher, but I assume they want to do it in small steps and take there time.  Let's see what they come back with on Thursday, but my fear is they will play it slow and might ...more  
Post by Theblessed1on Sep 02, 2020 10:07am

Cardinal board

Can you imagine these board of directors were accepting 0.60 AUD and was satisfied with it.  What a joke of a board.  They would have taken it if no other offer came. Wow!
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities