Post by
djstone56 on Dec 13, 2019 3:52pm
Investorshub Post
Just stumbled across a few CGLD posts on another forum...investors hub.advfn.com written by Joda007. The posts refer to a signed offer from the Chinese being on the table since Nov 25/26, and included a cash offer of 0.33/sh for Dynasty Goldfields only, with the other two main properties being spun off, along with a $10 million financing component. If the information in the post is accurate, why hasn't Mark Bailey announced it to the market/shareholders instead of just saying that negotiations were at an advanced stage? More to the point, how could Javier Reyes and Gregg Sedun tender the shares under their control to the Titan Minerals takeover offer on Nov 29th and Dec 3rd respectively, when they had another legitimate offer waiting to be dealt with? And if true, isn't it a coincidence that Titan "upped" their original offer just after this new offer suddenly appeared? Hmmm... As I said at the outset, I don't know whether or not there's any truth to this other post or where he/she could have gotten the info. If it is true however, I would think that Mark Bailey has some explaining to do. As always, do your own due diligence...djstone
Comment by
RONNIE111 on Dec 13, 2019 9:16pm
joda007 Friday, 12/13/19 01:52:21 PM Re: None 0 Post # of 235 lovegod says 33c/share cash just for dynasty goldfield from hong kong miner plus paper finance $10m been on table november 25th. The Titan deal has that beat?