RE:RE:RE:Great Bear Royalties spin-off of shares May 4 after closeLol, keep us happy? You realize there is very little value in spinco intially right? Basically until GBR defines a resource and someone actually develops it into a mine in what. maybe 5 years, then these shares will really have very little value until then, hardly worth trading and certainly not worth the costly requirements to list and accounting audits etc, until they are worth something, it's a wise decision by CT. There will be like an 11m share float also, would have very very little trading as well.
Don't misunderstand me, I am happy to receive these "free" share but let's keep our heads in the game and be realistic.Accept them, tuck them away and with any luck they will be worth something decent in 5 years hopefully.
Ivorygull wrote: I'd imagine too that if they were tradable now, then CT would have to try and keep all us share holders happy with the Royalty Company like he is doing with GBR, and we'd all be wanting to know what's going to happen next, why hasn't the share price gone up, on and on.
He just wouldn't be able to deal with all of that when he is still trying to get us the best deal with GBR