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MOSS LAKE GOLD MINES LTD V.MOK



TSXV:MOK - Post by User

Comment by imerc23on Jan 25, 2014 8:44am
161 Views
Post# 22133460

RE:RE:Endgame

RE:RE:Endgame
phantoms wrote "wdo has financed mok at 25  so at least the offer should be around 2.80 mok for 1 wdo."  Check again my friend -- WDO's financing of MOK's $2MM note valued MOK at 50 cents per share, not 25 cents (see the News Release of Apr 25, 2011) -- and as you say, the number of gold ounces has greatly increased since then.

I suspect that Donovan Pollitt would not have made a cheap offer like this, and that we're getting a glimpse of WDO's new management team here.
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