GREY:VFGGF - Post by User
Post by
kingfisher7on Feb 17, 2015 3:40pm
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Post# 23437084
READ THE NEWS BEFORE TALKING
READ THE NEWS BEFORE TALKINGVirginia Hills Co is going to be a new entity with 28 million shares outstanding.Still going to own 90% of PRY assets which according to the 10% acquired by Cardinal for 23.5 million are worth 211 million.Will use the 23 mil to pay down debt leave us around 89 mil.Will have the right to purchase 8 shares for every one Virginia for 0.25.First day of trading will open @ 1.00-2.00.That,s why all these cheapies are being bought by the educated rich. GLTA