GREY:BPWRF - Post by User
Comment by
metalmaniaon Dec 01, 2010 8:15am
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Post# 17781863
RE: RE: RE: agm and proposed share consolidation
RE: RE: RE: agm and proposed share consolidation"IMO only, Voisey Bay value is inconsequential compared to India--"
Uh, I don't know about that. IMHO, a significant Voisey find could dwarf India. Balaton is more apt to attract financing from a voisey deposit than the india deposit, at this moment at least. Folks in the know can read those flyover maps and make quick sense of things...I'm glad that we have 3 more weeks to discuss things before the AGM. I hope other shareholders will chime in and get this board back to the wide range of discussion like in years past....
"so this is no reverse split--your shares keep their total $ value relative to now."
it's a reverse split. 5 shares become 1 share. In the relative valuation scheme, you may be right.
All in all, a reverse split may make Bally look more attractive because of less of a float but I don't know if it changes much more than that. Let's hope that whatever happens that the folks in charge work together in harmony and do what is best for the shareholders and that the shareholders show patience as good news comes out and the s/p ascends....... In any case we both agree > Good luck to all.