natchoices,
Agreed, any shenanigans by ANY of the directors of Core Gold's board will be knownvery quickly,
and will be dealt with through the securities commissions and quite posiblyother avenues. Filings
with the TSXV already have concerns relating to the actions of a director, or directors, and the CFO
in August 2019, during the very time that Core Gold was supposedly restructruing the promissory
notes and amendments to those notes that included lifting of restrictions to assign the US$1.5 million
note to another party. The TSXV rescinded their initial approval on September 13, 2019 and have still
not approved of the restructuring,
Found this tidbit posted on the Titan Minerals Hot Copper forum on November 21, 2019 by someone
going by the ID of "OzThatch"
.
hotcopper.com.au
"May take a while ttm is in suspension now but the ttm board want it done. TTM share price
has been smashed from 4c to 1.8c equivalent since this core takeover strategy started. Hasnt
been the best returns for ttm shareholder growth. Turtle TTM has spent far to much to walk
away now. Cost. millions to try get the deal done.
another option available buy 51% of core shares off market change core board to ttm board delist
core and merge on asx"
.
Again, as you infer, Titan probably could not obtain 51% of the shares of Core Gold "off market" without
the complicit participation of Core Gold directors, and their circle of friends, family and business associates.
With Core Gold directors in the thick of negotiations with "several" parties and most likely closing in on
an agreement with the best offer, any "off market" transaction by anyone associated with Core Gold and
its directors would be asking for trouble.
DO NOT TENDER TO THE TITAN MINERALS OFFER OF CONFETTI PAPER ..... EVER. |
