RE:RE:RE:RE:RE:RE:today's trading
any deal I(in my opinion anyway) will of course be what we call "cash or stock plus a stub". Freeport will have no interest in our other properties so those properties along with our cash will become Reservoir New Co. (the stub). The consideration for Timok will be cash or Freeport shares. Freeport shares may avoid a taxable event for some but for me personally I would be selling my Freeport shares immediately so CRS is getting paid by me however the deal is structured. Some similar cash plus stub deals that come to mind would be goldcorps buy of Virginia and more recently Canplats and AUX Canada's buy of Galway.