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Bullboard - Stock Discussion Forum Gold Canyon Resources Inc V.GCU

Metals & Mining Gold

TSXV:GCU - Post Discussion

Gold Canyon Resources Inc > FF
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Post by woundedknee on Sep 02, 2015 7:32am

FF

FF in the deal puts a value of 35 cents or 56 mil. on GCU. H-ll, it's not the value FF gives us , but the market. This is not a cash deal where we are insulated from everyday market reactions. The market has never given Gold Canyon's non gold properties any value; so the obvious question is how much value will the market now give the spin off... New Gold Canyon? I would have sooner seen a straight buyout...jmo
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