RE:SHL.V owns 8,000,000 shares of CNC
I was looking at that last night. Spruce Ridge owns 8,100,000 CNIKF shares & 10,000,000 Noble Mineral. Noble owns Project 81 & 2,500,000 CNIKF shares. CNIKF gains 80% ownership of 5 option exploration targets in Project 81 just by spending 1,000,000 on them. The cash value of Spruce Ridge in marketable securities yesterday was $.125 USD. The cash value of Noble was $.046 USD yesterday. If anything economically viable is found by CNIKF on the 5 optioned targets, Noble will retain 20% ownership of that. It's an interesting way to play this deeper.