OTCPK:CRUUF - Post by User
Comment by
strelioffon Mar 07, 2010 4:14pm
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Post# 16853318
RE: RE: Severstal complains to the OSC
RE: RE: Severstal complains to the OSCam quite new to investing and would like some advice.
1 Is Crew Gold worth investing in right now. Cheaper thru the back door EDV.TO...or pick up for a fast trade this week when they present their offer.
2 Will the 2 shares in Oslo merge into 1 ? Do not understand
3 Will the Russians take over benefit this share. As a Private investor? If they actually do take it over they will spin in out either thru their gold fund or a holding company but that is only if they get a takeover approval
4 The Canadians who now own 40% of Crew will they just sell up for a Profit from the Russians? Maybe and that is where the uncertainty lies...I am personally doubtful ...
5 What about the Problems with the Local government in Africa will these be fixed.Also fuel problems
6 Is there still enough Gold in these mines? yes
7 If the price of Gold falls will the share price fall fast? Not as fast as it would if Severstal walked away
8 Is this Friend of Clinton a good man to be on the Crew board. Why would he be on board if the Russians are
buying it? Frank Giustra is well liked in Canada and he and Endeavour Financial took a position before Severstal did and they took the position under the condition that they would be on the board
9 Whats the feeling on the ground in Canada? Many opinions...and they change hourly
10 A Norwegian broker i spoke to says it would be suicidal to buy this share ...Is he right? Yes as it has ran from .12 to .40 Why jump in at .40 when you can jump on Endeavour who bought the majority at .12?
I own Crew and I own endeavour