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AGORACOM Wire - Wednesday February 15th, 2012

Breaking News ....

Lomiko (LMR: TSX-V) to Complete 43-101 Report on Previous Drilling at the Quatre Milles Graphite Property *CLIENT* Read More

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Strike Graphite Corp. (TSXV:SRK) Acquires Wagon Graphite Project in Quebec in Vicinity of Timcal's Lac des Iles Graphite Mine *CLIENT* Read More  |  Profile

Strike Graphite goes "Beyond the Press Release"

McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

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Message: Question about M&A and Argonaut

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Question about M&A and Argonaut

posted on Nov 11, 09 11:00AM

Hi there,

I'm an investor in CSG & so are a few of my friends (6 in total). We discussed some of the pro's and con's of the proposed M&A last night. Now, Although I am confident in my decision to support the 'deal', my friends raised some good questions which I couldn't answer without absolute uncertainty; could someone answer our groups questions back in writing? So that we dont make any more assumptions? - thanks a lot.

  1. I haven’t heard of Argonaut before, I googled “Argonaut” and found nothing, who are they?
  2. The release said they need to raise the money to buy Castle Gold. Isn’t that risky? Do you think they can do it?
  3. Many people are posting/speculating regarding possible ounces in the ground, value of these grades at La Fortuna and that this offer could be worth more, particularly with gold at $1100. Could you comment on this?
  4. Look, honestly, I think +$1.25 is a good deal..., congrats, but I have some mixed feelings. They say not to fall in love with a stock...but I did with this one. I guess my patience was rewarded. But why did the company think there would be more value in selling CSG now rather than waiting for organic growth down the road?5
  5. Given I like this offer, currently worth $1.30 I guess at 1105 POG, how do I tender my shares/support the company and the deal if I want to? Do you need our support, or do you have what you need?
  6. If I tender my shares now, what about if there is a higher offer?
  7. It says Argonaut is private, does that mean I won’t be able to reinvest? It would be nice to keep track of El Castillo if Argonaut are a good group.

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