RE: RE: RE: RE: RE: RE: Can't short CAN - exercisiMagambazi gives CAN the potential to be the next Ventana. Just hope the dispute gets resolved soon.
If a person has an open mind, then the spin out of Magambazi as a means to settle the dispute makes a great deal of sense here.
Canaco would retain Ethiopian properties for development (eliminates the need to spin Ethiopian properties out). And CAN shareholders would get shares in Newco which would proceed with Magabazi development. Just need to figure out valuation on SOC's claims assuming they are valid.
Do your own due diligence first.
Interesting1