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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 May 30, 2019 2:57pm

CGP WHY???

Why is management trying to force the share price down, and yes it is management doing it. 

We all know that CGP shares numbers are way to high. SO WHAT most people including Glen McKay expect this to be taken of the market by the end of the year. Announcing a split at this time was designed to bring down the share price and if they say no they are LYING. Right now there is some group that wants in to CGP at a lower share price and small share cap 100% guaranteed.

We just got the PEA out and it was good, we were expecting results back from Bramaderos and we all expected good results, every thing going forward from the PEA release was good for CGP shareholders. Management should have kept quiet and pushed in the market for a buyer instead they chop the legs out from under the shareholder when they could have been courting some of the worlds biggest buyers of copper. The world copper supplies are running low and we WERE in a good place for shareholders, now we are  in a good place for MANAGMENT and not shareholders. 

Usually a good company will wait to announce a good report to increase share price, But what did CGP management do this time put out the negative so the positive would stay down. 

Who ever on this play never got a kick in the balls in real life, well my friend that is what CGP just did. I can understand if they wanted to stay in the game but we don't want to be playing any more we want money and move on. Shame on management, for playing these games.
Comment by ClockKing11 on May 30, 2019 6:31pm
"Why is management trying to force the share price down, and yes it is management doing it. " --Mr. Shill No, this is a proposal to be be voted on by the shareholders.  If will only be put into action should it gains passage via the shareholder's vote later in June. I will vote no, but it passed easily last time.   So I'm not seeing the purpose of it, but ...more  
Comment by MrShill on May 30, 2019 8:03pm
clockKing.. We are down now over 6 cents because management want to do a 20 to 1 split. Nothing ever comes from a split that is good for the shareholder. It is 110% impossible for a shareholder to come back from a split like that only management can survive a split because they are given share privelges that ordinary shareholders never get.  If you got 200000 shares now how you gona feel ...more