Cornerstone Capital Resources Inc CTNXF

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[BSdetector2016]

Specifically against the consolidation proposal.

[MrShill]

BSdetectector. There is no one on this board more pi$$ed off about this consolidation than me, there may be people here just as pi$$ed off as me. But my friend in light of the situation we need money operate and this is how we get our money. There are things that the company does I don't like, and I believe that they should be actively shopping around their share of Cascabel and not waiting

[FoolAndHisMoney]

There seems to be a misunderstanding. Cornerstone does not need to raise money right now. It has JV partners funding the bulk of the work it is doing. Re CASCABEL Cornerstone is carried on all costs until completion of a BFS (bankable feasibly study) and that is at least 2 years away, and the carry is repayable only out of Cornerstones share of earnings or dividends from a mining operation and

[ClockKing11]

Thanks F&HM for clarifying that the payback is only out of Cornerstones share of incoming revenue. This bogus doomsday scenario that Cornerstone is rapidly approaching a huge multi-million dollar payback any day now is a favorite rant of some posters.   It's a pretty tired and twisted concept that has really gotten old but keeps getting incorrectly stated. I'm holding all

[MrShill]

clockking nothing was clarified. Think about it CGP is a prospect generator.  Why is it bogus??? That is the reality from the major agreement and NM already set the date for the Bankable feasonabiity and for CGP share to kick in.  Twisted concept also ??? don't you know how to read a NR and first agreement. I don't know if any of you people talk to your broker, if you do ask

[MrShill]

Yes Cornerstone does have to raise money right now, why do you think they did the 1-20 split? Because they need new money to keep the lights on and pay salaries.  Their is no misunderstanding on my part what so ever; it must be yours because you justed posted the deal that CGP and Solgold made on the project, CGP didn't want to do that deal at the time but had no other choice because at

[FoolAndHisMoney]

MrShill only time will tell on a new round of financing. Every junior must raise money at some point but I personally think it’s a few months away, not imminent. At least we agree there’s no imminent balloon payments to be made by Cornerstone re CASCABEL. On the 25th we will know if the roll back is approved which I think is fait accompli! Either way we all have to go down the road chosen by the