GREY:GDPEF - Post by User
Comment by
LeftBookon Jul 05, 2019 12:20pm
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Post# 29889903
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:15 million sale of assets coming
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:15 million sale of assets coming still puzzled about Lewis' shares ...
My take ...
Back in 2016.
Gary Lewis' shares had no market value. They were underwater after the write down of the Indonesian properties. That said they controlled tax credits in a empty shell. The tax credits are valuable once Dufferin is up and running.
Eric Sprott's cash was used to reboot the company and purchase assets.
Notes:
Leigh wrote ...
There is a big difference between where Gary is at and where Eric is at - at present Gary should be out of pocket very little, because he did not BUY the majority of his shares and the assets that earned him his shares returned just fine for him. Eric remains out of pocket real money at his juncture.
https://stockhouse.com/companies/bullboard?symbol=v.rcg.h&postid=29310704