RE:It will be very interesting what they sell..shiftyone wrote: and first off...I asked you all last week not to run the price up. I wanted and still want to be an owner when it sells. But you are all making it much more expensive :)
What happens if they just sell the Goldboro project on it's own? Say from another company who already has a stock listing.
But they keep the SGNL listing and their Tilt Cove project NFLD.
What would happen to the proceeds of the sale? Obviously the debt would have to be paid. But would the rest of proceeds be given to shareholders, or would SGNL be a litsted company, with Tilt Cove and possibly looking for other projects, who had no debt and xx million dollars in the bank. With the same management?
I would vote against this kind of transaction, don't want this Management to "manage" the proceeds of sale!! Bonus, payraise, expense accounts and at the end almost nothing for the Shareholders!!....