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Platino Energy Corp. V.PZE



TSXV:PZE - Post by User

Comment by goldenboion Jul 06, 2015 12:46pm
129 Views
Post# 23894985

RE:The Deal with Denham: Go Private Now ?

RE:The Deal with Denham: Go Private Now ?
Denham is buying all the shares which means they will turn this private and cut us out of any upside potential (there must be something if they are bailing them out I guess...). So not very different from PRE deal, at least there is some shareholder activism going on there... here they probably expect a thank-you for the 9% premium after burning through $80+ million in cash (USD), which they could have made millions on the FX by doing nothing!
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