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CANDORADO OPERATING CO V.CDO



TSXV:CDO - Post by User

Comment by agrossfarmon Jun 10, 2011 10:42am
123 Views
Post# 18698774

RE: RE: confirmed: Mineral Fields does another dum

RE: RE: confirmed: Mineral Fields does another dumYes, you are likely correct on the explanation, as I recall they took out all the bids at 2.5 cents.
Of course, they don't care much about the price because it is their tax-shelter client's who own the shares and get lower proceeds if they just dump, taking what they can get.

Some believe that they also do this to keep their financing clients, like CDO, low priced so that MF is their only or best funding alternative in the future.
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