Post by
RatPatrol on May 02, 2021 12:04pm
Clockking11
Thanks for your comments, Clockking11.
And you ask a useful question.
I get traumatized by takeover talk on these boards.
Most of it is bilge.
But CGP has refused 2 offers to be taken over in the last 3 - 4 years.
BOTH were rightly deemed to be insufficient.
MUCH HAS CHANGED.
1) Ecuador's political situation appears to be stabilizing.
2) SolGold's major shareholders (BHP, Newcrest, Franco Nevada, CGP, and China Copper) have agreed NOT TO PERMIT ANY NEW BIG SHAREHOLDERS.
3) SolGold's Board of Directors has ENTIRELY BEEN REPLACED WITH FOLKS WHO KNOW THEIR ONIONS!!
That said, I will, like the Ghost of Christmas Future, point you to signposts directly in front.
1) The initiator of BOTH of the previous 2 offers may revise and repeat.
2) Please read my very long comment of MARCH 19th, 2021 AT THE STOCKHOUSE SITE FOR LUNDIN GOLD (LUG).
It is entitled ....
LUG + NCM (Sooner) vs LUG + CGP (Later)
My opinion plus 2 bits will buy you a cup of coffee.
Readers who have followed me know that I DO NOT REPEAT POSTS.
They take quite a bit of preparation.
Also...
It is my view that SolGold's ownership group is too large.
And.......
SPEED IS ESSENTIAL.
MARKETS DON'T WAIT.
BWDIK
DYODD
Comment by
ClockKing11 on May 03, 2021 5:28pm
Thanks RT. Your posts offer true insight. Please keep 'em coming. BTW, Cornerstone recieved a robust bump up following today's action intio firmly bullish territory. Very Bullish (0.60)