Post by
Reddale on Jul 15, 2020 11:51am
Cornerstone's reply to Solgold
I had to read the full reply twice to take in all the details of Naughty Nick & Crew.
The rebuttal that us CGP share holders may want to read and consider is the portion discussing the value of CGP as refelcted by the buy in prices paid by BHP and Newcrest and the implied value of Cornerstone given the high grade core of the deposit.
Mid way in the reply you will see the implied value of CGP that BHP and Newcrest bought in at is between $10.65 and $12.99/share of CGP.
Emmm shares of CGP are currently at $3.80ish, guess I will hang around and see what October 20th brings...maybe Christmas early this year.
Red