TSXV:AUN.H - Post by User
Post by
Premier1on Jan 23, 2012 11:30pm
678 Views
Post# 19440051
What are the chances....
What are the chances.... We know that Aurcana plans a TSX listing once they have their financials.
We've heard talk of a split.
What are the chances that they split as they become TSX listed?
I'm not sure if a company is allowed to do that but the timing would make sense I think. TSX listing won't happen until April I figure. They expect to hit the ore body at Shafter in mid-February and be producing by May. By this point Institutions will be very interested but many will not be able to invest due to minimum sp regulations for many institutions (pension funds?). Many of these institutions also can not invest on the Venture if I understand correctly.
Thoughts anyone?
Premier