OTCQX:GTBAF - Post by User
Post by
DEXTERBOYon Dec 17, 2019 1:09pm
217 Views
Post# 30464353
CT is a genius.
CT is a genius.The 2% nsr is huge for us as many smart minds put a good guess at its value right now of baically the price it is trading at... yahoo. As I understand for every share we own now we will get one share of the spinout company.
They will trade seperate once complete. Say you have 5000 shares when the date of record comes (which means you have to own gbr on the date of record which will be done or announced in Jan.2020) if you do not own it then you will egt nothing!! This is genius for numerous reasons but for the big dumb dumbs like me I see 3.
1. Free money baby when the time comes, you can sell em if you want or watch them grow as whoever buys us has to pay us and even if our resource estimate was on lower side when we get bought out, so be it. As the new company will prove up more and more and will have to pay us for every ounce.AWESOME!! A FREE GIFT FROM CHRIS.
2. The NSR keeps the smart ones from selling off. Why would you sell when free shares are just around the corner. This helps keep potential buyers from swallowing up stock on the open market from dumb dumbs ( like me) who sell to them. ALSO YOU DONT SEE CHRIS OR BOB SINGH SELLING AT ALL DO YOU?? Who cares about RM, He needs his dough obviously and honestly I thank him for coming in when he did, it was money to drill baby!
I will leave it at 2 points as my dumb head is spinning over the spin out!
Cheers..Merry Chrsitmas to All!
Congrtas to Chris and team.. I am just a small investor but have been here a long time.