Post by
wayned on May 23, 2013 6:55pm
QRS
I see there has been insider buying by QRS board but not Halo`s . I still don`t see how this deal benefits us . The new shares just don`t add up in our favour . But you can bet this deal is going through June 30th , no matter how we vote.
Comment by
Camaroni on May 29, 2013 2:06pm
Well, If we end up owning half the shares of a company with a shr price of $0.08, we will have some shor-term increase in the value of our shares. There will be a low float. What happens from then on, who knows.
Comment by
wayned on May 29, 2013 4:51pm
The way it is presented is a little unclear and underhaned . However , you are right and we have no choice . Insiders seem to think QRS is a deal . Just hope for a huge rebound in copper and maybe we`ll do alright
Comment by
The300 on May 29, 2013 6:49pm
Don't kid yourself Camaroni, Management of this company has done little to nothing to add shareholder value. There is no reason to believe that this move will do anything other than benefit management and do nothing for shareholders. The more likely shareprice scenario is that the new company shares will trade in and around $.04 instead of the $.08 which QRS is currently trading.
Comment by
wayned on Jun 03, 2013 4:59pm
Jim Rogers is the guy who found the high grade deposit at GoldCorp`s Red Lake Mine several years ago that built GoldCorp into the company it is today . He is a director of our new company and now he has resigned as CEO and President of King`sBay Gold . I expect we will soon see him announced as the new company`s project manager . Just a guess.