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Continental Gold Limited New CGOOF



GREY:CGOOF - Post by User

Post by wiseyoungmanon May 11, 2017 2:18pm
141 Views
Post# 26232713

Implicit value of CNL shares today = $5.28CND

Implicit value of CNL shares today = $5.28CNDImplicit value:

Newmont buying 37.38M shares at $4CND =$150M CND.

150MCND/ .199  ownerhship = $750CND total CNL implied value

142,000,000 M shares o/s = $5.28CNC per share 

Math is easy.  More short term upside here folks 
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