OTCPK:EUCTF - Post by User
Comment by
shawshankon Nov 26, 2015 3:15pm
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Post# 24329038
RE:RE:potential acquisitions...hmm
RE:RE:potential acquisitions...hmm Trooper...if the valuation discount is still in effect by then and the issues related to transparency disclosure and sponsorship are not addressed and provided IMO with all due respect to any other long...if it goes unaddressed for another 2 reporting quarters of financials?
This board and the discussion based on valuations alone will IMO be a bloodbath of which very little sanctuary for positive discussion will be found let alone courted. SS Trooperhobo wrote: I wondered the same, but the assumption for me is that the $16M + 5% payments for 6 years, results in more than the PV of GFI under EUO management. How much is the big question, and only future financial results will tell us that the model they've bought into is working. We will also need to watch carefully where the $16M goes...I am optimistic of the deal, but will need to watch carefully how this moves ahead. Risk has gone up in a way and thus perhaps why the market is not supporting the play, until future financials report...this is especially true in a market not kind to micro-caps at the moment. Q1 and Q2 of 21016 will be interesting reports.