RE:RE:RE:10 minutes with Keith Neumeyer"First Mining is planning to upgrade its listing this year, allowing it to buy shares in other companies, giving it greater leverage going into hostile deals. “We're not going to be buying minority positions in other public companies,” Neumeyer says. “I've never done that, I think it's a waste of time. I don't like partners, when I buy stuff, I buy 100 per cent.”" ~ KN
There's a whole lotta perspective here.
I'm not that familiar with all the rules and requirements of each exchange, but I'm wondering if part of the motivation for bumping up the cash reserves (using several of the recent deals) is a requirement for a listing upgrade to the next exchange (TSX vs. TSXv)? Thoughts?