PINL:VLTAF - Post by User
Post by
4x4on Mar 21, 2012 5:48pm
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Post# 19702405
Jennings biggest buyer....
Jennings biggest buyer.... Jennings put out a report on March 13 putting their target price for Volta to $5.00 from $4.00....
They Value Kiaka at 577 million at 5% discount.....plus of course their other properties....
So if you use their math Kiaka alone is worth 3.50 a share fully diluted....
I still believe one of these two scenerios will happen.....Rather Volta is taken out for Kiaka by a bigger fish and they spin out an exploration company with the other properties or Volta spins off their other properties to finance Kiaka to production......