Avion Gold Corp AVGCF

RE: RE: RE: New To Investing

[st_esteban]

All of these calculations that put the price at 88 cents are ignoring that the exchange IS NOT for 88 cents but instead for .365 shares of EDV.  As long as the SP of EDV remain in the 2.40 range that is true (2.40 * .365 = 88).  But normally what happens in a sitution like this is that the price of EDV will go down.  Looking at the 52 week range for EDV (1.71 - 2.74), I expect its price to drop to the 1.9 - 2 dollar range.  This will translate the SP that Avion shareholders are getting  to be in the low 70s.  Better than 50s, but still  far from the true potential of AVR.