RE: INCREASING SHAREHOLDERS VALUE
The investment in Canadian Nickel is an investment of PRIVATE MONEY .......... PRE_IPO
They invest $5.3 million pre-ipo at 35 cents The ipo is at 70 cents That is a double without the canadian Nickel stock going up ....................It is going public at 70 cents ......................... We sell its a double ...................................... It goes up from 70 cents to 1.05 ................. we sell we have tripled our $5.3 million ($10.6mm profit) It goes down from 70 cent ipo to .53 before we sell................ we made 50%.
Considering how bad the capital markets are... I do not think The ceo is naive enough to risk 70% of our remaining cash for a possible (Not certain September-Oct..IPO) unless he knows he has one of our #2 or #3 drill projects monetized by a sale or JV .
Best wishes
Soccer