OTCPK:CGLD - Post by User
Comment by
Pipes33on Sep 25, 2019 11:12pm
80 Views
Post# 30165563
RE:It's best Titan takes us over-- unleash us from ourselves
RE:It's best Titan takes us over-- unleash us from ourselvesWe are lucky joda007 that Titan has taken hold of the debt. They have been like a big brother to us helping us through the tough times. They injected the US$3m of cash when we were on our knees. They bought the US$2.5m plus interest of debt when Vertex were on the verge of calling it in and putting us into admin. While a minority on this platform dismiss this as a form of negativity. You must call it for what it is. It is super positive for us. Reflected immediately on the announced bid the stock rose 50%! It isn't opportunistic when they in fact paid 44c per share and we have languished as low as 14c and before this bid was announced 16c. They are driving value and leading the way. If it was opportunistic they would call the debt in. They own it and it is secured. It is listed in their announcements. From what I hear the regulators think Piggott and his crew are certified crazy and lack any commercial smarts. What they will do is make the TSX happy this company is no longer on the boards of the TSX with their constant harassment and false accusations. I am looking forward to the bid coming. We need it.