Core Gold DMMIF

Collapsing as expected....you know who

[merlin991]

Back down to 18.5c. Likely back to below 15c of course. 

The so called offer is a joke of course. They bought shares back in March at an exhorbitant interest rate loan and are under water the $6m raised has mostly gone to Vertex? They now have extended the loan for another 3 months. 

They can barely get by especially since they give themselves nice wages. 

They pushed the price back up with the funny offer probably to reap something back on their March investment. 

For Core shareholders it hardly matters. We will see the partnership terms in perhaps 3 weeks and it will not be 2.5 shares of confetti. In the end business is business and with gold refusing to decline there will be a very decent offer coming in. I have heard that several parties are in process.

As Tad said earlier gold is $250 higher so a good offer will be on the table.  And again use the ignore button and declutter this board.

[Tad]

Merlin991, As the TSXV has rescinded their approval of the restructuring of the Vertex debt, then isn't the whole transfer of the Promissory Notes to Titan null and void as well ? The transfer of the promissory note debt to Titan occurred prior to the TSXV approval which was announced on September 11, 2109 of the restructuring of that debt. The restructuring included the reduction of the

[merlin991]

I think you are totally right Tad. Perhaps a few knuckles get rapped too.  The BOD4 were already warned back in August to tow the line. This attempted kickback to Vertex giving them a discount of 40% on the converstion price and then the move/slide to Titan has a total stench about it. I am calling this the Vertex Titan shuffle.  Of course it is in total disregard to long term

[The_Alchemist]

This podcast has some insight about mining investment in Ecuador and the political situation.  All extremely  Positive.  He lists off a few large companies that are currently in ecuador and are shopping around, and he discusses Salazar resources.  The guest talks about Ecuador around eight the 20 minute mark for about 5 minutes. Very positive to hear. https://podcasts.apple

[Truewidth]

https://www.kereport.com/2019/09/23/matt-geiger-a-deep-dive-into-the-precious-metals-market/ Starts @23 minutes.

[merlin991]

Prior to the mining moratorium  back in 2008 Dynasty Metals and Aurelian resources and others were all  flying high. Then Correa shutdown everything in a so called revamp that lasted for a long time. Things have only come around in the last 2-3 years and big miners are now all wanting a piece. Poor Kinross lost their shirt when Correa just would not see any sense Lundin got a bargoon

[1kgcoffee]

This crosses the line from 'acting improperly' to criminal behaviour. Unfortunately they have shareholders hostage. A criminal investigation could completely implode the company.