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CALICO RESOURCES CORP V.CKB

"Calico Resources Corporation is a mineral exploration company. The Company is engaged in the acquisition and exploration of its Grassy Mountain Gold Project located in Oregon, United States."


TSXV:CKB - Post by User

Comment by bigbank91on Dec 03, 2013 10:42am
117 Views
Post# 21963793

RE:RE:RE:Very GOOD!

RE:RE:RE:Very GOOD!Hi Guys,

I also read the news today.
so If I read it right it sold for 30M cash plus 7.5M to sea a 1% royalty to be paid to Calico.

as it trades at .225 why did we not see a purchase price ?
and it seems .225 is low compared to the 30M plus Seabride take.

whats the trade here ? it seems worth .60 ? and if we hold the shares are all we holding for is the 1% royalty ?

thanks

Im thinking it might make it to .40 or .50 due to the certainty of deal going through and what does it do with the cash kind of thing ?
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