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St James Gold Corp V.LORD

Alternate Symbol(s):  LRDJF

St. James Gold Corp. is engaged in the acquisition, exploration and development of mineral resource properties located in Canada. The Company holds a 100-per-cent stake in 29 claims, covering 1,791 acres, in the Gander gold district in north-central Newfoundland located adjacent to New Found Gold Corp.’s Queensway North project; and a 100-per-cent stake in nine claims and an option to acquire a further 100-per-cent interest in 19 claims, covering a total 1,730 acres, in central Newfoundland located adjacent to Marathon Gold's Valentine Lake property. Its Grub Line property is located 3.5 kilometers west of the town of Gander, NL. The Quinn Lake Property comprises two contiguous mineral licenses totaling 700 hectares (ha).


TSXV:LORD - Post by User

Bullboard Posts
Post by DYNAMACon Mar 23, 2010 2:10pm
339 Views
Post# 16914524

Beatrix can only be traded through broker directly

Beatrix can only be traded through broker directlyI just checked both my accounts and contacted my brokers.

Beatrix can only be traded VIA the broker as the exchange for these shares is too obscure to be able to trade online.

My broker said that so far there are only a few bids at .03 with no asks. I was going to sell my shares but I will wait until interest increases.

As for the valuations, I figured out how they have arrived at the amounts. First of all they have not lowered the price of Bard Shares, however what they have done is taken the original book value (purchase price) for my Bard Shares and they have split the amount of the purchase price between Bard and beatrix.

This means that I would have a capital loss for beatrix and a greater capital gain for Bard which is easy to handle.

The total equity currently in my account has been increased by the value of the Beatrix shares, so in essence they are indeed free after all.

Bullboard Posts