Southern Cross Gold Consolidated Ltd V.SXGC

Proposed MAW acquisition to benefit all shareholders

[Heywood_Silvers]

Kudos to management!  The previous contemplation of an in specie distribution of the SXG shares was going to expose MAW shareholders to sizable capital gains.  Now, the gold assets will be held under one name (Southern Cross) and the uranium assets will be spun off to shareholders.

No shareholders will be penalized with cap gains and MAW can focus solely on Aussie gold and put the Swedish gold on the back burner.  At some point in the future, after we are bought out (and make no mistake we WILL get bought out as Sunday Creek is the premiere gold project globally) the Swedish gold projects will be spun out.

This is textbook junior resource stock evolution:  multiple pokers in the fire, the flagship gets developed en route to a buyout and the process repeats itself again with the remaining assets being spun out.

The dual listig is really going to help pull in investors.  I hope that in due time the OTC listing will be upgraded from OTC pink to OTC QX.

[habsguy]

Good points....they are keeping it simple....and making it easier for the big coin boy's to play.....one game one angle... The point that I read dif is the spin out of Swedish assets...I'm getting that they will be spun out before the Aussie arrangement....they can still raise coin and drill there as they wait for the final legislation.... Bottom line is....we got a new beast....and the

[Heywood_Silvers]

The Swedish assets are of two different kinds:  the gold and the uranium properties. I understand that they will keep the gold with Mawson (aka Southern Cross) and spin out the uranium.  There is also the possibility that they sell the uranium assets and issue a special dividend to shareholders.  I would prefer keeping the shares as they are more of a lottery ticket for the future

[habsguy]

Gotcha....I am hoping for a gold/uranium package....espec with the new act comin down the tube ... It could be a major catalyst....time tells...gl