RE:Gold Spinoff Oct 2016 does not look Thor6570 wrote: like it will be occurring as previously announced. I understood that this would be completed this month. In my opinion that means completed shares awarded etc... Maybe I am wrong and I hope so however I would have expected the announcement this week and a cutt off date by end of month.
An update from Patrick in my opinion is required.
Even if the shares did get distributed this month, its unlikely they would be available for complete trading for maybe several months. In my opinion there is bound to be at least partial restrictions on trading in the same way that PP shares have a hold period, in order to stabilize the situation.
I imagine there will probably be a PP connected to the spinout to raise financing for ongoing expenses of the company as well, cant wait to get in on that.
All my honest opinion.
KD