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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum Lorraine Copper Corp LRCPF

Metals & Mining Industrial Metals & Minerals
"Lorraine Copper Corp is a Canada-based exploration-stage company. The firm engages in the business of exploration. It focuses on copper and gold assets of Lorraine property, located in the Omineca region of British Columbia. The company holds an interest in the Lorraine mineral project, Lustdust project, and Okeover project."

GREY:LRCPF - Post Discussion

Lorraine Copper Corp > Merger?
View:
Post by Wonton1 on Feb 04, 2019 1:43pm

Merger?

So deal offered to LLC is to get 25m shares for whole company ?
dont we get 30m shares plus NSR in current deal? 
Hmmm. Who’s that hungry? 

Soup time
Comment by Wonton1 on Feb 04, 2019 5:23pm
So, flip it around and sunmetals gets the other copper property on strike  for free then a big pp at $0.20(?)  and howdy doody  200m shares out!   Too soon to value LLC company, tax value, property- market has barely woke up.  halt trade for a while for sure.  Soup time again. 
Comment by SilverKnight on Feb 04, 2019 6:26pm
No, your math is way off. The fully diluted count means they will issue closer to 40 M shares. Lorraine has been trading at a rediculous discount just to its position in Sun Metals, which is why I advocated an arbitrage trade. However discounts like that can go on a long time. Look at the discount Golden Valley Mines trades at relative to its position in Abitibi Royalties. Its been like that for ...more  
Lorraine Copper Corp