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Bullboard - Stock Discussion Forum Cayden Resources Inc CDKNF

GREY:CDKNF - Post Discussion

Cayden Resources Inc > Talked To Jay In Customer Relations Re Buyout
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Post by goldguy007 on Sep 12, 2014 1:05pm

Talked To Jay In Customer Relations Re Buyout

I asked Jay in customer relations why the PR release mentioned the 30 day period ending 9/5/14.
He said that was just a snap shot of approximate valuation at the time of the PR.
The buyout price will be .09 per AEM share at the time of the closing, as you guys said.
Thanks to Scott for the clarification.
This may effect my strategy re holding till buyout is completed.
goldguy
Comment by Scott6500shares on Sep 12, 2014 3:29pm
A lot will depend on the price of gold and the price of gold stocks in general. If they rebound, we'll still get the same number of shares. That will not change. We are not going to get .09 of the price of an AEM share. We will get 9 shares of AEM for every 100 shares of Cayden that we own. The value of those shares will change every day before closing and after closing. Hope this settles the ...more