GREY:CBICF - Post by User
Comment by
invfordollarson Oct 19, 2018 1:36am
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Post# 28832575
RE:RE:RE:RE:RE:RE:Better to understand
RE:RE:RE:RE:RE:RE:Better to understandI agree with what you have said here, but think it is worth putting a value on the MPX international shares where you will get one share per 10 shares that you have off MPX. They are doing this to try and improve the share structure of the new spin out company. What is the value who knows. But it is a value, perhaps 5 to 10 cents per current share. My guess is they do not want an MPX stock running at 30 or 40 cents and would want one up around a dollar. This was a great move, by Scott and the team, to place this on the side for us as my guess is that they has faith in the Canadian and Isreali operations. Eventually the concentrates will make it into Canada. They also could spread around the world. So it potentially is a throw in value that you just let rest that grows into something useful.