Some crazy thinking. CRGP needs to offer a buyout
Post# of 11038
As the offer comes from an about-to-become-private company, the only thing worth checking are the share count and the transaction details. Mines, production, past quarterly reports, plans, etc. all becomes irrelevant. Can be a good company or a bankrupt company, the only things that matters are the merger details.
Same thing on Milagros del Cobre. If it is a private company, it doesn't matter if it is productive, or liquid, or has one or many employees. It can even be an investment fund with no physical address. Maybe it is an Adam Carter Company.
If it is a merger, no transaction has to be done. Only show the paperwork. This kind of paperwork is done by a Notary Public in Mexico (*).
Now the shares:
If CRGP has almost all the shares, they can offer a good amount. The money leaving the company is minimal.
If CRGP has all the shares, whatever the offer is, no money is going to be paid by them. Shorts will have to pay for any air-shares (naked shorts).
If CRGP has more shares than the float, then they can make whatever offer they want. They actually will be paid by shorts, same as retail shareholders.
Makes sense?
(*) A Notary Public in Mexico has more attributions than the ones in the U.S. They are a combination of lawyer and title agents. They specialize in different areas, but one can take charge of all the underwriting and to register all the paperwork with the merger details and share structure in the Property Public Registry.
Calissio Resources Group, Inc. (CRGP) Stock Research Links
Always, always do you own DD. Only invest funds you can afford to lose and trust nobody but yourself.