Member Info for smickster

That's true schlemiel but that doesn't help someone looking to invest?

It could also mean they have no options

http://www.cornerstoneresources.com/i/pdf/Presentations_CGPFS.pdf

No mention in here of how they expect to fund their share of capex and this is the big question that needs answering in the cgp story imo.
Ask very well Irwin saying we have connections but clear routes to funding is what people want to see tick tok tick tok

Let's remember its not only the capex cgp will need to fund over the next 6-8 years its day to day and other interest they have .
Selling other assets maybe an option for cgp which is where ncm come in?

Morning Quady

No of course not but with no other options and 3 major holders saying they can fund this i see no other options.
I'm guessing what I would want wouldn't come in to it lol
And the poor old PI will get diluted to hell.
Selling will look desperate and to me joining solg looked like a good option which I for 1 would of taken given the option.

Addicknt, that's a great point and probably cornerstones angle to see themselves through this and hold their value rather than looking distressed.
Essentially a solg buyout could leave cgp them with 100-200 million?

I'm not sure if that's for me but I'm assuming cgp do fund there share of the capex by massive dilution but will also need funding for the next 6-8 years to bring alpala to a point where they are making profits.
If I were Bhp I would see how that pans out.
For me I'd rather see cgp sold first to set a firm base for our sp.

Correct colonel and cgp along with having to fund their share of production costs they will also have to keep cgp funded for the next 6-8 years.
Imo if Bhp do take over solg cornerstone will be in a precarious position with very few options (ncm?)

Cornerstone Successful in Defence Against SolGold’s Hostile Bid - Cornerstone understands that the Hostile Bid expired at 5:00 p.m. (Eastern Time) on October 14, 2020 without any Cornerstone common shares being taken up.

https://ceo.ca/@nasdaq/cornerstone-successful-in-defence-against-solgolds

Antagonist RM

Iceberg we don't need the money and especially not for alpala as Franco has dealt with that.
However if we are to fast track 3 or 4 targets it would be prudent to raise whilen sp isn higher and a raft of news due.
So NM and citi need to pull their fingers out and not let the rise go to waste as id hate to be sitting here early next year and whinging about a raise at 25p for me its got to be 60p or above and with Bhp involved to prove they are with the board.

Covgaz no one is holding there hands up because no one cares.
What people don't like is the disingenuous manner in which he and many others go about there business trying to trick people out of there hard earned cash.
Not much we can do as it seems to be the way of the world and hopefully karma works its magic.
Short, trade or hold in not bothered but con artists suck

Oh I see Quady best not say it too loud as some will say Porvenir is a dud and Rio to deep to mine.

Roger even better idea is you save your wager and buy some solg and get onboard and stop fooling about.
Can't make it any clearer.

Quady I do hope so lol but did he mean the drilling, mre and pfs processes would be done in parallel to streamline and speed things up?
Or is there something I've missed

I doubt pfs is priced in but your entitled to your opinion.

We need to know which site we go to production on ;-)
Cgp you are not invited.

Needs to be 60-80p though.

Imo a raise will be done after pfs and once we have made discoveries at least a few of our regional and sp a lot higher.
Another opportunity for bhp and ncm to aquire 5% each.

If cgp deal is done I would think they will wait until the pfs is complete or released if Irwin and Co are to be believed.

Standstill agreement ends 15th(tomorrow) so the 16th Bhp can talk to other parties.