NorthWest Copper Corp V.NWST

merger

[wittbee1]

So when the merger and bought deal and consolidation are completed, about how many shares will SIR have on the books. I get a bit lost in the numbers here. Anyone better at math?

[pulcan]

hi wittbee1,    1000 shares of Serengeti will be  500 shares once we consolidate. Reverse 2 for 1.... Share price will double to balance the market cap.  So .40cents will be .80cents.   If you are a SUN Metals...1000 shares will get 430 shares and another hit prior to the merger will be 215 shares for the 2 for 1.  So you are better off now to sell and take a

[wittbee1]

thank you...I am a long term SIR holder and just breaking even now....hope you are right. Am here to stay for a while now that things are looking up after all of these years.

[jambon379]

All these years is right. Serengeti has been around forever but the payoff is just around the corner. SUNM holder.

[pulcan]

hi jambon379 why do you own SUNM shares?  you are about to get hit with lower shares twice from the merger...be cautious....if you are in the red now with SUN Metals take the loss and claim it on your taxes....I dont expect Sun Metals to move at all past .20cents...not sure what you average cost is so be careful....

[pulcan]

hi wittbee1 takes some money off the table if you are just even...never follow a trend if you are unsure.  Always take profits and do not invest if you need to pay bills or have debt.  You are taking too many chances...just making sure you are not too focused in getting rich overnight.  all the best in the new year.