Post by
RONNIE111 on May 16, 2019 8:34am
Dynasty/Core
I have owned this company for a very long time. And what kept me in was, besides the great proven an possible resources, was that I never felt that management was lying to me. And that is very important to me, as an investor and in my life in general. Sure Dynasty had big problems and often didn't deliver but not for lack of honest attempt.
And I felt almost immediately that Mr. Piggott was this kind of manager as well, when he took over and changed the name to Core.
In my investment activities I have encountered companies that juiced the resullts, predicted an improbable future. And I mostly managed to avoid them, and when I mistakenly didn't the result was never good. But never have I encountered a company like Titan. No exaggeration, it is hard to find a single statement from them that is true. At best some small partially true things .perhaps unintentionally so.
So where do we find ourselves now in this ugly and sickening merger story?
When Titan, and the Core BOD announced that this merger was going to take place, they said that Titan was a great and profitable company, that they would bring much needed money, and because they were from Australia they would have access to much more. Why only listing on the ASX never seemed to be satisfactorily explained.
And then when many on this board and elsewhere,including Mr. Piggott recently showed beyond doubt that Titan had no value to bring to Core, the story became that there would still be the money, and lots more Australian money to follow.
Now, it would seem , the money probably wont be coming after all. It seems no one wants in on Titans''s and Core's BOD's little deal. So I guess we are left with the fact that Titan is Australian. The sole reason left with why Titan should be given 50,60,100%? of Core. And in a truly bizarre turn of events Core BOD has said that if Titan can't find the money the merger can proceed anyway. And even though it looks quite possible that Titan could at some point lose it's ASX listing as evidence of Titans fabrications,false reporting, not to mention shootouts, mounts.
I just had a sinister thought that perhaps in some unfathomable ,to me , manner ,Titan losing it's ASX listing, and hence any listing at all , somehow would be part of the plan for Titan in conjunction with Core BOD4 to get all of Core, basically for free.
Gee, I wonder how I should vote.
Comment by
Teetotal on May 16, 2019 7:47pm
chin up Ronnie these guys are toast. The No vote count looks excellent and the suitors for Core are lined up But make sure you vote. Let's get on with building our gold mines. Vote NO