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Post# of 220679
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gitreal

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gitreal

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Re: 236T568 post# 111796

Monday, 08/22/2016 3:01:24 PM

Monday, August 22, 2016 3:01:24 PM

Post# of 220679
Supposedly, CDNL was paid about a third of the first tranche (a total of $1.1 million). Of course, CDNL has not filed a financial since last year, so what proof is there that it happened?

And why would anybody pay 10X the going rate for shares? The intent was to have the Chinese investors end up at 51% owners - are they supposedly paying the premium to secure that majority ownership?

And if the company buys back shares from the open market (if it's even legal), what would that do for the plan to have the Chinese be 51% owner?

Having trouble following....

Mining Company Research Board http://investorshub.advfn.com/boards/board.aspx?board_id=21803

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