Core Gold DMMIF

LET US BE TOTALLY CLEAR....

[merlin991]

Titan is out of the running. They DO NOT HAVE THE SHARES.

So read anything to do with them and discard immediately.

We will only accept a good deal that is in the best interests of us shareholders. Core is doing quite fine any deal is not acceptable unless it is right for us.

The financials show what we already knew. TAD pointed out the figures a while back and yesterday just confirmed it. 

Also the assets are again downplayed but it really does not matter for now. From our point of view we have nothing that is a definite as a deal and when it is put forward for our endorsement we will make up our mind then.

AGAIN the so called TITAN offer is a none event. It is purely a ploy to push anxiety with the hope of shaking some shares down.  

None of us are fooled. We control the majority of the shares and hence the ownership. 

At this point we don't have to accept anything unless we are satisfied with it.

Just keep the real facts in your head: we are making a profit and the debt is falling. We should have been here a year ago except for you know what. Put that behind us.

TITAN is just a sham. 

Any real deal has to be a good deal or not at all and don't let anyone play with your emotions. 

Always keep just the facts in your head. Any scare mongering needs real facts to back it up. Otherwise it is just noise. 

Either way we won't have long to wait.

[Tad]

Merlin991, I would like to make some comments using your post. I've had some time to go over some information and thoughts. Probably be my last comments until whatever is released by Titan this week, and any potential response from Core Gold . Titan is out of the running. They DO NOT HAVE THE SHARES. So read anything to do with them and discard immediately. You're right, they

[standfir]

Very much appreciated Tad, you are hitting the issues.   My quick summary of the financials was too much skimming the surface.  The reall "accomplishment" wasn't anything by the current management, it was the price of gold going up.  If the board hadn't been continually undercutting the shareholders at large and fending off the better deals, we'd have

[merlin991]

Thanks TAD for the detailed breakdown. Bottom line: we don't trust the BOD (except Piggot) and CFO. They have for now put on sheeps clothing but we can see the wolf quite plainly under the charade.  Actions speak louder than words and we have witnessed that quite well:  The Vertex debt and the continuing downplay of Core assets.  We will be watching very very carefuly. The

[87flstc]

Great insight as usual thanks.The problem I see is this BOD is poison,tainted or whatever you want to call it.Nobody will trust them and I feel any deal will require a sweet deal for them or it gets derailed.The shareholders are clearly not put first by this BOD and never will.Hope is a bad investment strategy and it appears some here are riding on the dreaded slope of hope .Core needs a hostile

[flashcash]

I agree the BOD are self serving BUT for the right price they go with enough cash to start a new venture. Ecuador is elephant country in terms of gold and valuable minerals. Lin, copper duke, Jerusalem and zum mine and mill, these are all great properties on their own. Fresh start with plenty of cash to explore!

[candele]

This post has been removed in accordance with Community Policy

[merlin991]

The hope/dreaming thingy is a bit stretched by now. It was action that blocked the so called merger. It was action that blocked the Vertex debt shuffle... and it will be action for the way forward too... The people that count are not asleep and dreaming...