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Bullboard - Stock Discussion Forum Cornerstone Capital Resources Inc CTNXF

Cornerstone Capital Resources Inc is a mineral mining company. Through its subsidiaries, it is engaged in the evaluation, acquisition, and exploration of gold, silver and copper projects in Ecuador and Chile. The group is organized into business units based on mineral properties and has one business segment.

OTCPK:CTNXF - Post Discussion

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Post by MrShill on Apr 05, 2019 10:12pm

Needed this

I feel the same way I can't see this going to much longer. Glen has a point, 2 major bidders with their claws in the pie, and NM making the the pie bitter for personal gain. This may end up with a slow take over. Unless someone from the outside with out any skin in the game at this point takes a shot. Then things would move, because BHP & Newcrest can't let anybody take the candy away.

Release of all the holes to date and the PEA findings, will be the flash point if there is going to be one. It's time now to bring in the toilet paper, you know excrement or get of the pot......

IMHO
Comment by BSdetector2016 on Apr 06, 2019 8:01am
Why would Mather release anything now? All he has to do is delay, stall, tell everyone "we're doing more drilling to blah, blah." He wants to pay bottom dollar (as does everyone else). All we need to do is be vigilant and, above all, patient. It always takes longer than anyone imagines for things to unfold. 
Comment by ClockKing11 on Apr 06, 2019 1:51pm
"Why would Mather release anything now?" --BSD Good point.    That information is tightly clutched for a reason.  Yet the results of the PEA are of little mystery.  The PEA would formally announce that the mass and caliber of the Cascabel concession is greatly expanded.  We've already heard plenty of hints.   Not to mention, the site has been ...more  
Comment by MrShill on Apr 06, 2019 3:18pm
Not sure what NM has in mind, but for me he is not to be trusted, not because of what he says but because what he don't do, in a free market society. You might say it's his choice the way he runs the company bit I say no it's not. This is a shareholder company. All I know right now is that he is holding back info that should be put on the market for all the shareholders. I am buying ...more  
Comment by optimist7 on Apr 07, 2019 9:30am
My guess is that he is setting up a Base offer which (he knows) will be rejected outright and then followed by him offering multiple few percentage increases and management boardroom seats until he gets a yes. Cgp management wanted 50% of the seats. Question is at what level they start asking us to accept the offer.
Comment by ClockKing11 on Apr 11, 2019 10:33am
My guess is that he is setting up a Base offer which (he knows) will be rejected outright and then followed by him offering multiple few percentage increases and management boardroom seats until he gets a yes. Cgp management wanted 50% of the seats. Question is at what level they start asking us to accept the offer. --Optimist That's one possiblity. OTOH, another thought we've heard is ...more  
Comment by optimist7 on Apr 18, 2019 12:58pm
Hi Clock,  I hope someone comes fwd with a cash offer. Are you also into STM (Bramaderos partner). drilling has already started and director bought 500,000 more shares 2 days ago (must have liked what seen already).
Comment by ClockKing11 on Apr 18, 2019 1:46pm
"I hope someone comes fwd with a cash offer. Are you also into STM (Bramaderos partner). drilling has already started and director bought 500,000 more shares 2 days ago (must have liked what seen already)." --Optimist Having that much skin in the game is a huge endorsement.  Right now I don't get why they started drilling out on the edges with Limon.  Why not go right ...more  
Comment by optimist7 on Apr 18, 2019 2:22pm
some good comments here about drilling priorities: https://hotcopper.com.au/threads/ann-bramaderos-drilling-update.4721902/page-7?direction=previous
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