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Bullboard - Stock Discussion Forum Core Gold DMMIF

Core Gold Inc is a gold mining company based in Canada with all operations in Southern Ecuador. The company primarily explores for gold and silver. Some of its projects includes Zaruma Mine & Portovelo Mill, Dynasty Goldfield and Copper Duke Project.

OTCQX:DMMIF - Post Discussion

Core Gold > More from the front line...
View:
Post by merlin991 on Jul 31, 2019 12:38pm

More from the front line...

A message from Tad:

https://www.siliconinvestor.com/readmsg.aspx?msgid=32263128

=
===>

Another interesting fact was revealed in the affidavits filed for the Fairness Hearing held in late 
June 2019

This factoid is a bit more concerning, as Javier Reyes and his family, business associates and 
banking institutions continue to become a more and more influential voting block with each
financing his group is allowed to participate in. 

This should be of great concern to the long term minority shareholders who wish to replace 
certain members of the board of directors at the eventual AGM that needs to be held sometime 
in 2019. 

If Javier Reyes manages to place any more of his circle into our company in any future equity 
raise, shareholders who are completely disgusted with the actions of certain members of the 
board of directors will have a much harder time replacing them, as any increase in Javier's 
controlling block of shares will make replacing board members more difficult. That is, unless 
Mr. Reyes decides to start listening to the concerns of the roughly 31% of shareholders who 
voted against the Titan / Core Plan of Arrangement and choses to work with the shareholders 
instead. 

Please refer to this previous post :

https://www.siliconinvestor.com/readmsg.aspx?msgid=32154373



================
Comment by flashcash on Jul 31, 2019 1:33pm
Those 31% are HUNDREDS OF PEOPLE, AND WE WILL BE HEARD AT THE AGM IS THAT CLEAR BOD !!!!!!!! If a lot more people where aware of what TITAN stood for more would have voted against them.
Comment by flashcash on Aug 01, 2019 12:23pm
This was their sneaky plan all along and would have ousted Keith anyway at a later date ! Sneaky so and so's. Return Keith to his rightful position as Boss of this company !
Comment by The_Alchemist on Aug 01, 2019 4:32pm
Thank you Tad - those two post clearly and accurately illustrate what everyone who follows Core Gold closely, now understands what has been happening behind the scenes.  For 2 years I was waiting for a mid - large cap mining company to make a value accritive offer of a joint venture, or a PP... the thing is, companies were trying to approach Core’s board, and they were being turned away ...more  
Comment by RONNIE111 on Aug 01, 2019 4:51pm
Let's hope the Regulators decide that it is time to look at this.  Seems like that might be our best hope at this time.  The evidence is building.
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