CANDORADO OPERATING CO V.CDO

Candorado is solvent once again

[degus]

See, they were doing something!
Almost a million in cash, lets the company pay off all debts, have enough funds to pay the phone bill and maybe even do some geology. Plus they have a load of GWQ shares and options and an NSR if the land ever produces something.
That one deal was worth almost the total market cap of the company and now they have some cash and a lot of other properties.
Show us you are alive, Candorado!!!!!!!!!!!
We want more.

[blackgold99]

That's what the man was talking about a few weeks ago when he mentioned about waiting for the money to close the JV, there should be another one hanging around.Now we'll start to see some activity within Candorado operation. They have all the funds budgeted and planed for projects, analysis and explorations. Rock and roll!!

[degus]

1. CDO gets 2.4 million shares and 2 million warrants at 40 cents, (Macquarie recently paid 45 cents per share for a similar package with warrants exercisable at 45 cents instead of 40 cents. Given the Black Scholes value of the warrants, this package is worth over $1.1 million 2. CDO get $870,000, which is enough to pay