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Bullboard - Stock Discussion Forum Birch Hill Gold Corp. FNTRF

GREY:FNTRF - Post Discussion

Birch Hill Gold Corp. > What will FDN get if CS deposit reach 1m ounces
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Post by michael211 on May 12, 2011 12:05am

What will FDN get if CS deposit reach 1m ounces

As an  operator, what will FDN get ? Why not invest on ATV, the real owner of the CS property.
Comment by LoganCopper1 on May 12, 2011 7:07am
Hmmm lets look at some simple math, as well as logic. Alto has 190M shares outstanding. Lets say another $5M before they even get to the mine. By then they will have around 270M shares. Equity financing in the mine will lead to another 100M shares AT LEAST and then all Im going to say is have fun with that number of shares out.FDN on the other hand controls 60% of coldstream. They have < 40M ...more  
Comment by michael211 on May 12, 2011 11:56am
Thanks Logan.  But why atv response differently from fdn for the same news ?
Birch Hill Gold Corp.
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