Victoria Gold Corp VITFF

RE:RE:Expectations are set ups for resentment

[slamdunk]

Coeur and Orion have an Agrement and support agree iled with SEC that Otrion will vote with its shares  and influence coeur must garner 50% of Booard approval and have over 51% of shares outstanding.
I was stating that aby breach of 20% triggers Shareholder Rightand that 20%  has to gain 51% of shares.'Partof that lgal agreement is if successful Coeur returns75% of the spread betwee13.20 and acquisition price in shares.If Coeur doen't gain 51% and 50% of board they keep the the other day was alost 100million.I claim no opinion of buyout price but am of the opinion there is alot of quessing going on -the negotiators and number crunchers will create a baseline.I have asked for comps.As to Coeur if it goes for crazy money and they get out bid they get to all the profit from 13.20 on 11,067,714 shares they own.-that why there in win win.They have always been solid overpayers and they have the need for an accretive cash flow mine as an accelerator.
In the half season Coeur drilled 103,000m in their two most recent purchases the results are new discoveries extension grades that support Silvertip of one of highest grade silver lead zinc deposits in the world.
Those oxide deposits in Nevada from openpit heap leach oxides Run of Mine 9straight to leach)in two months have recoveries of 88% from a two yearsproduction.It is permitted with some infrasrucure.
Coeur websight SEC filinf may 19th Agreement and Support agreement..Unless Coeurs Board admend share ceiling of 300million wuhich Orion recieves and cash if it hits.Nobody goes through with this without the money arranged  locking up some of the instituiomal investor as they look for their 51%..Orion prefers Coeurs shares over cash thats telling you something...If Couer losses the biding and Board accepts offer that it and coeur walks walks with a 150 million profit Canadian..That SEC filing is long and filled with legalese but it is definitive.