GREY:LCPRF - Post by User
Comment by
kroghon Nov 15, 2011 11:02am
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Post# 19238171
RE: Spin-Off
RE: Spin-OffIt would be great with a new spin-off. However, there is no deposit in the pipeline as far as I know. But they could acquire a new unexplored deposit. The management team is extremely important, and there are probably lots of under explored deposits that could be made into something great by this team. I hope they make a new company.Taca Taca seems to be a 50,000,000,000 plus Cu deposit. They just need to drill for another year or so. The question is if they will do that or let the buy out happen before the resource is fully outlined. If they wait and find a suitable acquirer, the buy out price could be $50-100 per share.Cheers.