RE: RE: RE: Effect of Spin-off....IMHO The spin-out is worth .25c max one way or the other. To many Ethiopia is a distraction from Tanzania and the sooner it gets moved the better. We will get our 20,000 shares if we hold 100,000 Canaco but I believe the share price will be more like .30c. Whatever the cash on hand is and the speculative material wealth divided by 40 mil shares maybe a $12-15 million dollar market cap for starts.
It's a good thing but the main thrust still needs to be to prove up ounces over the full 14 kil stretch in Tanzania and I'm glad they are cutting it loose.