Post by
LOCKDOWN on Jun 05, 2019 8:08pm
*****RCG BUYOUT 40% PREMIUM OVER MARKET VALUE *******
THE GOING RATE FOR BUYOUTS THESE DAYS IS 40 % PREMIUM OVER LAST CLOSE PRICE .I WILL BE HAPPY WITH THAT 1.4 CENTS .GREAT DAYS AHEAD FRIENDS .BUYOUTS ARE USUALLYY BASED ON MARKET VALUE .THAT WILL MAKE A 10:1 CONSOLIDATION WORK PERFECTLY . 10:1 WOULD GIVE US A 14 CENT SHARE PRICE- ADD 200 MILLION SHARES TO THE FLOAT - SELL INTO THE MARKET -DEBT FREE WILL ADD POSITVE CAPITAL TO START MINING FOR GOLD .SPROTT IS A GENIUS !!!
Comment by
damianchosenone on Jun 05, 2019 10:26pm
Lockdown if they buy toy out at 1.4 cents you will only get that! You will not get 14 cent shares unless you buy them at 14 on open market again!
Comment by
LeftBook on Jun 06, 2019 12:23am
Atlantic Gold filed a Technical Report in May including an updated NPV of C$629M. The CAD$680M price is 8% higher than the NPV value. Dufferin has a $89.2M NPV. It is not in production and can't command that valuation.