Post by
bailey2 on Dec 06, 2019 8:18am
expectations
Although confidentiality is of major importance when doing a strategic review process, with a hostle takeover already made public months ago, this changes the playing field. This muddies the waters. Confusion reigns supreme, to retail shareholders, and perhaps anyone interested in looking at Corgold as an investment opportunity. Coupled with the fact, that the history of the hostile company, and the Board of Directors of Coregold( other than Mr. Piggott) were on the wrong end of an unfair and unreasonable merger. Management of Coregold owes shareholders an update on the strategic review process. Silence is deafening when there are sharks swimming in the waters.From all sides?
With all the mergers, and aqusitions in the mining space being announced in Q4, it would not be unreasonable to think that a reputable company could come in and do a pp of a 150 million shares of Coregold at say, .25 cents for say around a 40 per cent interest in Coregold. Would raise around 37 million, and Coregold and it's shareholders could participate in future growth of its properties. just my opinion. glta