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Bullboard - Stock Discussion Forum QMX Gold Corporation V.QMX

QMX Gold Corp is a junior exploration company. It is engaged in mineral exploration and evaluation properties in the province of Quebec. The Company is focusing on the exploration and evaluation of its gold and base metal projects within this region. It is also focused on the Val d'Or mining camp in the Abitibi District of Quebec. It holds the Aurbel property and holds a 100% interest in the... see more

TSXV:QMX - Post Discussion

QMX Gold Corporation > ELD will pay cash for this takeover deal
View:
Post by Jovica on Feb 26, 2021 1:22pm

ELD will pay cash for this takeover deal

QMX holders will still receive 0.30/ share regardless of tanking gold price, correct???I.m bidding at 0.25. 

Anyone?


Thanks in advance
Comment by freemax1 on Feb 26, 2021 2:27pm
jovica ? ELD will have to increase their offer ! not reducing ? at.0.30 it,s less than with ELD shares at 0.45 CASH I will let it go for quick END of these saga. ( an other bad dream on the Qubec GOLD.) 
Comment by PappyGallo on Mar 01, 2021 6:22pm
The final price for the QMX shares that Eldorado will pay depends on the ELD stock price.   If ELD stock price drops so does the value of QMX shares.   The 30 cents payout was based on the price of ELD at the time of the offer.   We will get some cash but we got screwed. I encourage everyone to vote against this offer.    It greatly underestimates the value ...more  
Comment by freemax1 on Mar 01, 2021 7:23pm
PappyGallo You write :   We should not have agreed to this deal until the drill results were obtained.   IT was the Bod who accepted not US !! We will vote against these INFAMY. IF this Bod is honest they will come out with assays a.s.a.p  hold onto your shares
Comment by Jovica on Mar 02, 2021 2:58am
Thanks   
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