Post by
Misbrandt on Nov 30, 2015 11:54am
Come on Big News
Here is hoping we get word today of all conditions met or waived. Stick a feather in our cap with news of IP giving the new GCO full mineral rights and we can pretty much retire.... One can dream no?
Comment by
ArmchairAnalyst99 on Nov 30, 2015 1:04pm
Hi Misbrandy, yes we can certainly dream. What are you expecting in terms of share price for the individual companies after the spin off? I mean to retire we hope there will be a significant increase in the SP
Comment by
slippery007 on Nov 30, 2015 1:54pm
I was told by IR that the new company will mirror the SP of GCO. So currently we are at $0.03...so the new org will be $0.03 as well. I asked specifically if the SP would be half and was clearly advised this is not a split - its a mirror.
Comment by
ArmchairAnalyst99 on Nov 30, 2015 2:14pm
That is excellent!! That is also a double in our positions instantly. We will find out hopefully by end of this week if this true.