Post by
bobofet on Apr 03, 2024 5:42pm
Done Deal
More than likely a done deal IMHO seen this happen many times as in shareholders not so happy. But I can see a company like Torex in Mexico looking at the details of Spinco and its Mexican mines could be worth it for them to take a peek.
Comment by
Funex4t on Apr 03, 2024 5:49pm
Do we know who is going to run / be CEO of Spinco?
Comment by
goldens on Apr 04, 2024 7:53am
My guess would be Richard would get that posting if he wants it. So correct me if I am wrong but Spinco will have The FC gold mine plus the Mexican assets with approxz 1Billion shares at $0.06/shr or $60 million. Does that not seem like a really low valuation? Someone thinks so given the trading activity (of course on the other hand someone is selling).