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Bullboard - Stock Discussion Forum
Creso Exploration Inc
CRXEF
Metals & Mining
Industrial Metals & Minerals
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Bullboard (GREY:CRXEF)
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Precious1
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Comment by
Precious1
on Nov 16, 2013 2:16pm
RE:RE:RE:RE:RE:RE:RE:RE:Trading
https://online.wsj.com/article/PR-CO-20131114-910444.html?dsk=y
(5)
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NaturalCurrency
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Comment by
NaturalCurrency
on Nov 16, 2013 1:41pm
RE:RE:RE:RE:RE:RE:RE:Trading
Rhumplestilskin - I am a US shareholder and would like to continue my investment in CXT. The NR seems to be pretty categorical that the secondary shares would not be received by US shareholders. What
...more
(489)
•••
UNKLAL
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Comment by
UNKLAL
on Nov 15, 2013 11:19am
RE:RE:RE:RE:RE:Trading
Research a recent mining company that Dundee promoted called Breakwater Resources and you will see the clout that Dundee Securities has in the mining world. Good luck and hold on as this
...more
(0)
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mhillman
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Comment by
mhillman
on Nov 15, 2013 11:06am
RE:RE:RE:RE:Trading
That kind of sucks, some times there are too many rules/laws. I’m not familiar with the US security laws, but it might be worth checking into, if there was an IPO for the newco and it was to be list
...more
(489)
•••
UNKLAL
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Comment by
UNKLAL
on Nov 15, 2013 10:47am
RE:RE:RE:RE:Trading
It appears that Nichromet (or the newco) seems to be a bad deal for US shareholders, but I disagree because the driving force behind this newco is New Dundee Capital. They are one of the largest
...more
(0)
•••
mhillman
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Comment by
mhillman
on Nov 15, 2013 10:46am
RE:what is the value of this company because
I anticipate that once the completion of this amalgamation is done, Dundee Corporation (the major share holder of Nichromet ) will take the new company public with the assistance of their wholly owned
...more
(0)
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jedstervt
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Comment by
jedstervt
on Nov 15, 2013 10:16am
RE:RE:RE:Trading
Unless I, as a U.S. investor, can sell my CXT shares for a profit before the deal locks them up, I hope I still end up with a worthwhile profit down the road. Best to all longs. From News Release:
...more
(489)
•••
UNKLAL
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Comment by
UNKLAL
on Nov 15, 2013 9:47am
RE:RE:Trading
If this deal is approved CXT shareholders will receive 1 newco share for every 2 CXT shares, which in my opinion is a good deal. You will own shares in a new properous gold mine that owns a process
...more
(0)
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jedstervt
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Comment by
jedstervt
on Nov 15, 2013 9:46am
RE:RE:Trading
I am sorry for any misunderstanding, but how exactly do U.S. investors benefit profit-wise? Unless we can trade this for a nice profit before the shares go away, I believe that my investment is locked
...more
(0)
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eyewatchjb
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Post by
eyewatchjb
on Nov 15, 2013 9:37am
what is the value of this company because
it doesn't trade on any exchange. Eyewatch
(0)
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Kwilly
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Post by
Kwilly
on Nov 15, 2013 6:58am
Trading
Will CXT resume trading before the vote is held? If the new company will not be trading on any stock exchange, How will we make any money? Dividends, Royalties?
(489)
•••
UNKLAL
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Comment by
UNKLAL
on Nov 14, 2013 11:18am
RE:RE:Halt - OMG
I think the sky is the limit with New Dundee Capital owning Nicromet and roughly 20% of CXT through this private company!!! I'm long and strong on this baby. UNKLAL
(0)
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mhillman
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Comment by
mhillman
on Nov 14, 2013 11:18am
RE:RE:Halt - OMG
My thoughts are: If voted in favour of, this will change from demonstration plant, to a full fledge gold mine. For the world mining industry to view and buy into, not to mention a h*ll of a pile of
...more
(0)
•••
mhillman
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Comment by
mhillman
on Nov 14, 2013 10:41am
RE:Halt - OMG
CRESO ANNOUNCES PROPOSED AMALGAMATION WITH NICHROMET Nichromet was awarded a $5 million grant by the Government of Canada through Sustainable Development Technology Canada (SDTC) for the development
...more
(0)
•••
mhillman
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Post by
mhillman
on Nov 14, 2013 9:51am
Halt - OMG
Creso Exploration halted at 6:46 a.m. PT Ticker Symbol: C:CXT Creso Exploration halted at 6:46 a.m. PT Creso Exploration Inc (C:CXT) Shares Issued 144,811,956 Last Close 11/13/2013 $0.115
...more
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