CDV 0.00% $1.08 cardinal resources limited

Ann: Cardinal Executes US$25 Million Term Sheet with Sprott, page-39

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  1. 3,905 Posts.
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    ROFL- rolling on floor laughing. I like it. At least your getting some exercise.

    In fairness to Archie he showed some positives.- like he had the nouce to find this deposit and he was quite unflappable and managed to sort the met issue. He didnt seem to try and defend the keep, he just stood by his statements which proved to be correct. Good on you Archie. And what the farhk do we know anyway?

    His team have great experience in Ghana if I remember correctly? One or several of the guys living in country for many years.

    Perhaps we could split CDV into two vehicles Cardinal/Goldfields/Anglo/Barrick exploration team - leave Archie and crew somewhere at the top, leave us souped up with cash, and the other 50% gets paid out to us in the bidders shares- the production side of the business.

    Really strengthen/streamline the expl team. And leave it cashed to the nines. Let them extend outside of Ghana into other areas of Africa and give em some rope to play with etc. Let us keep the other deposit we are currently exploring, nodogo... give em first right of refusal on all discovered deposits.

    If done correctly we could in effect end up with a cashed up exploration bussiness, to the value of Cardinal as it stands and approx half the value of our current holdings paid out in shares.
 
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