GREY:VITFF - Post by User
Comment by
phoenix_traderon Sep 23, 2021 12:57pm
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Post# 33907950
RE:RE:Market Caps tell the story, CDE US$ 1.6 VGCX US$ .6 Bill.
RE:RE:Market Caps tell the story, CDE US$ 1.6 VGCX US$ .6 Bill.What's missing is the premium Coeur will have to offer to buy the 82% of VGCX not owned.
Yes, if no premium it would be 100 miil CDE shares but I doubt any of the major VGCX institutional holders would agree and certainly not management. Coeur like Victoria needs to prove it can produce gold and silver.
My best guess is that the right number would be 160 mill CDE shares and that will not fly with existing CDE shareholders,
Back to the status quo we go which will only change with guidance being met and great exploration results released.