GREY:HNMFF - Post by User
Comment by
sam02on Jan 28, 2010 1:36am
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Post# 16726846
RE: RE: bodes well
RE: RE: bodes wellNot sure myself how it works, but how i read it is that the kuke property is a complet different property. In order to raise money to drill on it they would have to do PP and that would delute the shares for pretty much an unknown property. I'm sure in general shareholders dont want this, so they can form a new company and raise money doing pp on a stand alone. Also lets face it the Ghanzi project is a world class property that Hana will continue working on this for 2010 to prove up more tons and then it will be taken over by a major. I dont think anyone knows just how big this can be. And when it is taken over they will still have the new property. The Kuke property would not add anything to a takeover. Just my thoughts.