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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 > Are they acting impartial??
View:
Post by 1kgcoffee on Sep 17, 2019 9:12pm

Are they acting impartial??

Pure speculation, but let me know what you think.

They day before Titans announcement, Core announces that they've won some BS 'environment award'. Funny considering Titans problems with the environment.

Then Titan, a company with no money, takes control of Cores secured debt (does this make sense?) And offers to buy the company not in actual currency, but in shares which aren't worth half of what they claim to be, and certainnly less than the liquid trading price of Core right now. So Titan owns Cores secured debt. Secured with what exactly - machinery and land titles??

All that has to happen is for core not to pay off the debt, or engineer a situation of financial trouble to legally hand over core assets when it enters into bankrupcty. I've seen the same thing with Banro defaulting on Chinese loans a few years back. Shareholders were left with nothing.

The whole pending offers and NDA may well be BS smokescreen designed to make it look like the BOD is impartial and not a part of this scheme. Again, speculation on my part. I do not want to be accused of slander by those who have been shown by the courts to not be acting in the best interest of public shareholders.
Comment by Rogerram on Sep 17, 2019 9:35pm
This post has been removed in accordance with Community Policy
Comment by 1kgcoffee on Sep 17, 2019 10:00pm
Rogerram, You had no interest these boards before the Titan announcement. Now you're trying to convince long term shareholders and board members against their thorough due diligence. Explain please, why was the Zhaojin offer turned down? Keith, the person you make such allegations of, courted a superior offer from Zhaojin that would have relieved core of its debt and put it on the right track ...more  
Comment by Rogerram on Sep 17, 2019 10:36pm
This post has been removed in accordance with Community Policy
Comment by Spiritflyer on Sep 17, 2019 10:42pm
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Comment by merlin991 on Sep 17, 2019 10:13pm
Another plastic frog.  Give it a big bop and it will shoot back into the hole. BOP
Comment by Tad on Sep 17, 2019 10:50pm
Rogerramm,   The TSXV is now looking into the entire Vertex promissory note amendment process. There was something very untowards ocurring. that is why the TSXV has rescinded their earlier approval.  Your statemnents sound a little desparate. It was well known that Core Gold was in a default position as of March 31 2019, of the promissory notes due to lack of payment. Keith Piggott ...more  
Comment by Rogerram on Sep 17, 2019 11:03pm
This post has been removed in accordance with Community Policy
Comment by Tad on Sep 17, 2019 11:37pm
Rogerram, https://stockhouse.com/companies/bullboard?symbol=v.cgld&postid=30138351
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