GREY:PGDIF - Post by User
Comment by
ekimon Jul 11, 2016 5:32pm
115 Views
Post# 25042566
RE:RE:Ivanhoe has working capital of CAD$593 million
RE:RE:Ivanhoe has working capital of CAD$593 million Based on my 3 x under valued scenario with a partner.
That would be the ratio at 1.45 to 1 for Ivanhoe shares.
For every 1 share in PGD, it would be exchanged into 0.7 shares of IVN.
I think a lot of PGD shareholders would find value in that transaction and IVN has a great project to tell its shareholders about.
Heck, Ivanhoe could turnaround and do a 50/50 deal with Zinjin on Chidliak.
We wait and see and speculate. All we can really do.
LONG...PGD
EKIM