RE:RE:RE:RE:RE:HUGE NEWS!! SenorLegume wrote: Did you notice the independent estimates of the property value mentioned in the news release? I will look into this more though. Always good to be thorough! CHV’s Board of Directors commissioned two (2) third-party and independent appraisals, the lowest of which valued the assets at ~$3.8 million. I wonder how they got the property so cheap. perhaps the reason why it was shares and not cash is because of that reason. the person receiving the shares will eventually get more than what the land was worth
I will look through the sedar filings for an address. I live an hour and a half from vegreville, and can easily drive through on my way to visit family a bit further north. It’s good news for vegeville and I would not be surprised if this was a partnership between canadahouse and the town. They’ve been bitten hard by the oil price rut along with loosing the immigration/visa processing site that has been moved to Edmonton.