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Electric Metals Inc ECCMF



GREY:ECCMF - Post by User

Post by umsurewhynoton Sep 28, 2012 8:41pm
442 Views
Post# 20426627

Well, we won't be trading for a while...

Well, we won't be trading for a while...

PR states shares will remain halted until the Venture Exchange has approved the amalgamation, which i think might take some time, perhaps all the way to December when the deal is expected to close.

I own several hundred thousand shares, luckily i bought most in the past 6 months, so my cost base is below $0.05.

I'm hoping after the share exchange, that we, as EMI shareholders, end up profiting---so long as the share price is better than today's $0.035 after effecting the share exchange and the new stock Amalco, i won't complain.

Amalco has $15M in revenue for the first six months of their latest fiscal year--hopefully that is enough for our shares to be worth considerably more once the reverse takeover is complete.

 

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