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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.

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Core Gold > Positives of the situation

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Post by standfir on Dec 09, 2019 1:30pm

Positives of the situation

It's good that Titan flipped their card over. Gives all bidders a clear view of the situation.

At the current share exchange offer, even if Titan dropped to 2/3rds its last price, Core Gold shareholders would still be ahead.

Titan doesn't have 50%, and nowhere near 67%. That's up in the air.

Another bidder can go over the top now, with a hostile bid.

All part of the process ...

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Comment by 87flstc on Dec 09, 2019 1:46pm

Your right about a hostile bid as that's the only way forward for Core as this BOD will derail any offer as they clearly want Titan's deal.So our only hope is a real miner Gold miner NOT shareholder miner to make a Hostile bid that tops Titan's offer.I would love to see an investigation done pertaining to the Titan deal which I believe has been in the works for a couple years.Good Luck ...more

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