GREY:MCOUF - Post by User
Post by
yixteron Dec 21, 2012 6:43pm
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Post# 20763554
Spoke to Brian Again!
Spoke to Brian Again! Nice guy and was helpful from what I gathered this is a positive move for longer term holders basically Flemming is looking to go public and by doing this deal they get to without doing an IPO etc it works better for Manicouagan because they get new management more properties etc but understand this deal won't close for probably at least 2 months we also spoke about the Cloridorme property he says they are after the REEs they believe there is market for them sounds like they have been talking to possible end users or people in the industry. Notice they are doing a pp at .40 as a part of this deal which preconsolidation would put our shares where they are now and we still have assays coming so in my opinion a sell off below .05 would be silly because come Monday it's business as usual and we still have asays coming longer term we get a well know CEO in the industry a tight float and massive land package so short term and long term there are positives I think they basically halted to let investors know what's going on so they can make their short term and long term decisions but come Monday it's business as usual and again this deal will take at least 2 months to close so no fear it's all good!