OTCPK:SPVEF - Post by User
Comment by
nilyabon Aug 04, 2011 6:05pm
349 Views
Post# 18905994
RE: RE: RE: M. Lic. Transfers
RE: RE: RE: M. Lic. TransfersI agree the the merger is likely imminent, along with the closing of the arrangement with Xingfa. I guess that the big questions now are:
1) What is the next project for our cash?
2) Will Xingfa or some other Chinese company offer to buy out Spur's Chinese interest, and for what price?
At least we now know that the real net asset value is underpinned at about 55 cents per share, even if the stock price is lower.