Post by
DRYOASIS on Jun 17, 2015 10:17am
News !
Looks like Erin and company will not be directors for Global Cobalt. Only for Global Metals as we previously thought. I wonder what the Russians have planned for Karakul .... this could get interesting.
Comment by
mooseslayer on Jun 18, 2015 8:02am
I will keep my shares of the Karakul deposit and dump the one that Erin will be running. I think this was split off so they can sell off the Karkul deposit.
Comment by
DRYOASIS on Jun 18, 2015 10:00am
I think the same moose, If I remember correctly GCO's financiers would need around .25/share to brake even. That's after the loan is repaid in shares at 180 mil shares issued.
Comment by
duaneb737 on Jun 17, 2015 10:48am
Just released... but I see Erin on both boards? https://cobaltinvestingnews.com/4534-global-cobalt-announces-nominees-ahead-of-annual-general-special-meeting/
Comment by
duaneb737 on Jun 17, 2015 10:52am
missed the "*"... Once final Court approval is received on the proposed transaction, the names marked with an * will resign from the Board. -
Comment by
AlfredFettucine on Jun 17, 2015 7:11pm
I do not doubt for a moment that this will get to be quite interesting in the very short term. I simply have yet to figure out just who it will be most interesting to. In any case, going to be watching closely!! GLTA AF