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Continental Gold Limited New CGOOF

Metals & Mining Industrial Metals & Minerals


GREY:CGOOF - Post by User

Continental Gold Limited New > Implicit value of CNL shares today = $5.28CND
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Comment by LibertyJetson May 11, 2017 3:03pm
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Post# 26233036

RE:Implicit value of CNL shares today = $5.28CND

RE:Implicit value of CNL shares today = $5.28CND
wiseyoungman wrote: Implicit value:

Newmont buying 37.38M shares at $4CND =$150M CND.

150MCND/ .199  ownerhship = $750CND total CNL implied value

142,000,000 M shares o/s = $5.28CNC per share 

Math is easy.  More short term upside here folks 


Your math is off because the warrants and other rights gained in the purchase.  It's not exactly the same as the common share price.
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