GREY:GLBCF - Post by User
Comment by
techn9neon Jul 31, 2015 1:40pm
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Post# 23980669
RE:RE:News Out 2 for 1 Split.
RE:RE:News Out 2 for 1 Split.For what it's worth, from the last release:
They value their North American assets at 3 Millions, current market cap is 3.5 millions, if we remove the 20% hold by IMHL (they wil not received shares of North American assets). It means that current SP reflect only North American Value....
By having IMHL holding 60% of Global Cobalt company (by the conversion of their debt at 5 cents shares), they will be more dedicated to make the project advance...
So they are currently giving value of 3 cent for NA assets and 5 cents for Karakul, and receive that package at a 57% discount, it can worth it...
For this reason, I will hold to see the results of all of this..