GREY:PMBJF - Post by User
Post by
archimedes0070on Feb 25, 2011 12:38am
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Post# 18192066
Clinch
Clinchklondikej,
The last time I spoke with management I asked about Clinch. Essentially they said that at some point they may spin out Clinch, if my memory serves.
There are a few reasons to like this company, including: 1) Their properties have multiple pay zones; 2) spin outs are usually a good thing for investors.
https://www.newswire.ca/en/releases/archive/February2010/16/c9944.html
Obviously this proposed spin-out has been in the works for quite some time. One would think that a NR corporate update might be in the cards in the near future as there are a few questions hanging around.