Spruce Ridge Resources Ltd V.SHL

SHL + NOB?.....

[DrNo1962]

SHL and NOB are so intertwined ... primarily through complocated option agreements and JV agreements they then transferred to CNC.v... SHL and NOB also have similar floats on a fully diluted basis... Anyone think it makes sense for SHL.v and NOB.v to merge?  Neither company is surrently getting recognized by markets for value ... maybe combined company would be too hard for market to ignore?  They are also now trading at ideltical share prices.

[DrNo1962]

Again... SHL.v and NOB.v are so inter-connected why not merge and get it over with? Would the combined company not be better for all shareholders?  I think yes.  Both companies have very similar floats and here we see them both w/ identical bid/aska of 11/12 cents AGAIN.  Would be interesting.

[retool]

Hello No, I have not spent much time on NOB. Do they also own CNC shares? If so how many? Thanks

[DrNo1962]

...22 Apr 2021, 07:01Noble Enters a Transaction with Canada Nickel to Vend Nickel Prospects .....with Canada Nickel acquiring 100% of the applicable property rights or claims, in return for 3.5 million common shares of Canada Nickel. Following the closing, Noble anticipates distributing substantially all of those Canada Nickel shares to Nobles shareholders as an in-kind dividend, based on a record

[DrNo1962]

Hummm.... Don't SHL.v and NOB.v each also own almost exactly the same number of CNC.v shares (i.e. ~5.5-5.6 million)?  They also each own 10 million shares of each other don't they?  Now again bid/ask identical at 11.5/12.  They also have very similar floats.  Combined company would own ~10% of CNC.v, have cash flow positive oil and gas assets, and have exploration

[DrNo1962]

Other than minor deviation during SHL dividend announcement, SHL and NOB have been kept at very similar if not identical levels... continues today.  Merge and get it over with! LOL