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GOLDBROOK VENTURES INC V.GBK



TSXV:GBK - Post by User

Post by ColonelPikeon Jan 20, 2012 1:13pm
498 Views
Post# 19427523

Sorry, insufficient data

Sorry, insufficient data

How could we as shareholders (or GBK as mgmt) quantify what an acceptible offer would be in the absence of an updated 43-101 resource calc on JCML/CRI (prefesibilty from 2007 lacks 2008, 2009, and 2010 exploration seasons) also missing is GBK's 2010 season (ie major resource expansion on 50% lands), and in the absence of an updated CRI feasibility study that was an agreed part of the JCML shareholder agreement?  Further, why would we accept a discounted offer geared at a dilluted rate of 4.21% when we all know we should have a 25% carried interest per the shareholder agreement and arbitration panel?  And why now, in the 11th hour, knowing that Appellate Justice Punnet has been reviewing the volumes of oppression and breach for over a month?  I would think that there would be no advantage in tendering at this time given the renewed bid, and knowing that the BC Supreme Court rulings, orders and awards are upon us.  It seems we as GBK shareholders are firmly in the driver's seat going forward.  

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