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Bravo Gold Corp V.BVG

A mineral exploration company


TSXV:BVG - Post by User

Comment by chance_barkleyon Feb 05, 2010 12:51am
565 Views
Post# 16754734

RE: RE: RE: Not understandble anymore.......Ahmen!

RE: RE: RE: Not understandble anymore.......Ahmen!If you read it says that Bravo Alaska, aka 'Bravada' has entered into the agreement.  I assuming this is with the proposed money that Bravo is already putting forth ($1.5 million if I remember from the prospectus) when its gets spun out in return for shares in Bravada.  So unless the spin-off gets shot down at the meeting it is inconsequential whether Bravada spends the money now or later.  I actually prefer they spend it now.  That way we know the full extent of the package we're getting with Bravada.  That's the way I read it.  Anyone else see it that way?
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