RE: Coeur Gold Holdings movement3 May 2019 11:26
Pmac1900
We knew a certain someone was serious when his TR1 came out then research began in earnest which uncovered a number of theories and possibilities in terms of potential RTO targets and the like.
This research also unearthed that the players in this potential RTO had also tried to do it previously all have which was discussed and debated on these boards.
There was one very well respected poster who posted previously the only connection that I missed as part of my research....It was at that time the final penny dropped for me at that was the loan note and these words from the aforementioned poster in relation to BOU previously PSL at the time.
BoD decide to go in a different direction and to do that they sell-off all their assets and “borrow” $55 million, what do you think the reaction of the shareholders would be?
Then reverse this situation, you have a company that has access to $55 million, has a business plan, needs access to equity funding and looks at PSL.
I and many others believe that we are entering the final stages of fund raising to enable all this to happen and suddenly one of the potential RTO targets changes address at a similar time...dots all joining up nicely