GREY:CATXF - Post by User
Post by
galena03on Sep 25, 2013 2:39pm
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Post# 21767064
day of reckoning oct. 07??
day of reckoning oct. 07??This is a nice gamble.
My interpretation
1. $20 million buyout is ok but maybe rollback comes and or dilution.
2. Pay Teck $12.5 mil and be quaranteed 19.9% of the company for perpetuity no matter how much dilution takes place. (postissue)
3. Let Teck have 60% of the property and wait for who knows how long Teck will sit with the property.
4. Is greenslade and other insiders taking down the last two PP's to lose money. When they walk the talk that tells you they have confidence in that they don't want to lose the investment.
5. This says to me buy a little and be happy. THIS IS MY THOUGHTS ONLY AND YOU TAKE YOUR OWN RISK.. Listening to blogs may be very costly to your savings.
Enjoy Octoberfest.