GREY:PORMF - Post by User
Comment by
basemetalon Apr 06, 2005 4:23pm
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Post# 8870452
RE: Volume
RE: VolumeVolume is mystifying. The float on this stock is less than 20M. One would think that the only holder of this many shares is Noranda ! Is Noranda departing the scene ?
The restructuring is by "return of capital"... This sounds to me as tax-beneficial as capital gains treatment incurred by selling now ... BWDIK.. Does anyone else have ideas ?
At these prices, the restructured exploration company looks a steal ! For details of current exploration ventures see Annual Information form just posted on Sedar..... yet current market apparently doesn't even fully charge for cash and working capital.