Hi Turtle56,
Thank you for your thoughts. The Core Gold shareholders have been spot on about what would happen next. Titan with 300m shares is about to issue 500m of shares to acquire Core Gold. This fact in itself makes it a truly insane merger. The smaller fish is gobbling up the bigger fish. Without the shares even being issued, Titan's shares have already crashed from 18c to 12c, yet the TTM fanatics say the new Titan is going to be a mid cap company. Truth be told, Core Gold, the larger partner is going to subsidise Titan with its DGF project. By the time the 500m shares in the register is emptied out into the market, the price of Titan's stock will be severely damaged and may stay at lower levels for a very long time, until Zhaojin finds Titan cheaper than the erstwhile Core Gold and may launch a hostile takeover for TTM and thereafter purge the TTM board, something the CGLD shareholders, BCSC and Titan shareholders should have done earlier. The irony! The markets never operate in a vacuum, something's got to give.
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