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Claude Res Inc CLGRF

"Claude Resources Inc is engaged in the acquisition, exploration, and development of gold and other precious metal properties. Its projects include Seabee Property and various exploration properties located at Laonil Lake. It also owns Amisk Gold Property."


GREY:CLGRF - Post by User

Post by drob1979on Mar 08, 2016 12:57pm
223 Views
Post# 24634963

Terms of Friendly takeover?

Terms of Friendly takeover?As a CRJ stock holder and a novice investor I haven't experiences a friendly takeover before. It would seem to me the offer of  0.185 per common share was affective immediately. Hence the immediate rise and subsequent fall of CRJ's stock that paralleled the price of sso’s throughout the day. Am I correct in this assumption or was the offer of .185 given at that time for that price, giving shareholders the option to sell with some sort of grace period? 
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