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Bullboard - Stock Discussion Forum Claude Res Inc CLGRF

Metals & Mining Gold
"Claude Resources Inc is engaged in the acquisition, exploration, and development of gold and other precious metal properties. Its projects include Seabee Property and various exploration properties located at Laonil Lake. It also owns Amisk Gold Property."

GREY:CLGRF - Post Discussion

Claude Res Inc > Terms of Friendly takeover?
View:
Post by drob1979 on Mar 08, 2016 12:57pm

Terms of Friendly takeover?

As a CRJ stock holder and a novice investor I haven't experiences a friendly takeover before. It would seem to me the offer of  0.185 per common share was affective immediately. Hence the immediate rise and subsequent fall of CRJ's stock that paralleled the price of sso’s throughout the day. Am I correct in this assumption or was the offer of .185 given at that time for that price, giving shareholders the option to sell with some sort of grace period?
Comment by marnesue on Mar 08, 2016 6:15pm
Your dreaming.  Their offer is now only worth 1.44 Loonies.  Were almost  back where we started with nothing  to show for it. 
Claude Res Inc
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