PMI GOLD CORPORATION PMVGF

Do we get to vote on this merger ??

[00Bill]

Do shareholders get a say on this merger ??  Akg shares in the 1.70`s is not a good deal, thats worth about 0.36$ a share. We still have 0.25$ a share in cash alone. Is my math wrong ?

[gold_diggers1]

Ehr... where do you get that number for AKG $0.36 a share in cash value?   Before this deal was announced, AKG has $180mil cash with 85mil shares O/S, that translates to $2.10 / share in cash value.   And it has been traded in that range for a while.   And then, this deal with PMV was announced and its share price has been dropping to $1.70.... Obviously, the market is telling AKG

[gold_diggers1]

Hey 00Bill, oh, reading your message again..... ah, you meant PMV is worth only $0.36 while it has $0.25 per share in cash..... Isn't that much better than AKG whose shares are worth only $1.70 while it has $2.10 in cash? . It seems both PMV and AKG retail investors do not like the deal this time also?!    Let's kill it just like last time?!   But the big fish are

[00Bill]

The deal is pmv shareholders would get 0.21 shares of akg for every pmv shares they have. When the deal was annonced akg shares were around 2.20$, that means we would get 0.46$ for our shares. But now akg shares are at 1.70$, that means we would get 0.35$ for our shares, not the same deal. Pmv has 0.23$ a share in cash, so akg is paying 0.12$ for the project. Deal looked good before akg shares

[gold_diggers1]

Hey 00Bill, but why do you think AKG shares is now worth only $1.70 whereas it was holding strong at $2.10 before the announcement? . It's all because AKG is spending more (in terms of AKG shares) to acquire PMV's $100mil cash...., it was valuing PMV $183mil for its $100mil cash.....see link below.... Current market does not care about the gold in the ground anymore. As I said, after