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Gold Canyon Resources Inc V.GCU



TSXV:GCU - Post by User

Comment by SilverMounton Sep 08, 2015 11:39pm
365 Views
Post# 24087863

RE:RE:BNN Interview with Keith Neumeyer, Sep 8, 2015

RE:RE:BNN Interview with Keith Neumeyer, Sep 8, 2015

According to the FF offer, the transaction implies a value of 35 cents per Gold Canyon share. This means that at 24 cents, there is still a great opportunity to buy more GCU shares before the acquisition takes place in November, in order to maximize the number of FF shares held in exchange. This is what many FF shareholders are doing right now. If the offer is rejected, then better short sell GCU because it will go back to less than a dime for at least another year or more, imo. Not even sure if GCU will survive by then...


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