PINL:VLTAF - Post by User
Post by
ALLEN4on Oct 28, 2013 1:17pm
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Post# 21854795
Volta shareholders will hold 3.4 per cent of the BTO shares
Volta shareholders will hold 3.4 per cent of the BTO sharesbut we will contribute to a very significant percentage of the gold production within a few years - I am not going to guess at the percentage, but its going to be a heck of a lot more than 3.4 per cent of gold production when Kiaka becomes a mine. So that's a wonderful deal for BTO shareholders - not sure why BTO shares would not be flying in this circumstance - other than the knee-jerk reaction that the acquirer's shares always fall.