RE:They buy ANX shares at 0,58 CAD each!iq4u wrote: As I said a few days ago, before the feasybility study a fair share Price is beyond 0,50 CAD.
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One question. This Swiss investing Company is something similliar to Eric Sprott or so...? A big Investor which pays 0,58 CAD each share.
We have to be careful here as Flow Through shares come with a Tax Deduction benefit. The company transfers its Tax Deduction Credit for exploration to the Flow Through shares' buyers, so it's normal that buyers are paying about 50% more from the current SP market price for flow through shares. It was a good strategy to use FT shares as the full amount is immediately in the bank so it could be spent right away (instead of waiting for the tax credit to be cash in after the exploration expenses are done)!
iq4u wrote: One last question, can anybody lean me 100k CAD to buy some more Anacondas at the free market...?
Well... 100k is a lot of money for me! But If your 1$ target is reached this fall, I might have this sum available for you. Well... thinking about it now, I will keep it for myself :-)
GLTA