RE:RE:RE:RE:Blackrock going public.The implied value will also be impacted by what price is achieved with the Blackrock financing which is to occure prior to the deal closing.... If Blackrock can convince investors to partisipate in the pre amalgamation financing at 50 to a buck then the CMX could commence trading at much higher than the .25 consolidated implied value. This depends on the price and amount of the financing .
From the NR;
"Prior to completion of the proposed acquisition, BlackRock intends to complete a series of private placement financings, the terms for which have not yet been finalized."
Should be an interesting time for VRB as whatever they do, VRB cannot but have some increased exposure ..... The 43 101 on the Lac Dore could not have been coming out at a better time!
JMHO but VRB should trade at least the equivilant market cap of CXE once this deal is completed