Victoria Gold Corp VITFF

Agreement and Support Agreement

[slamdunk]

Coeur has a cieling of 300million at the moment and 258 million outstanding. after paying with Coeur shares for Victoria. Shares from Orion 12.7 million
When Krebs took over Coeur was about 100 million now at  258 million.So.!58 million bought Paramount-Preciosa less 100million cash ,bought back 50 Million of discounted notes,bought Silvertip with a cash component as well as contingencies,bought Rye Patch Proerties from Alio bought Northern Empire..bought 11,067,714 shares of Victoria already 45 million of unrecognized.

The amount of shares avaiable stands a roughly 40million.
And if Coeur somehow wins the takeover  Coeur must pay 75% of spread between 13.20 ans acquistion price back in Coeur shares..
Anybody going into this must have financing worked out or if this was just a early strong buy to put Victoria in play and sit back and see where it goes..A win -win

If Coeur fails it doesn't pay any % of their won profits..
Coeur paid 117 million for those shares and locked up with the Agreement and Support Agreement about 36 million shares unless the Support Agreement  winds up getting terminated.

[andre171]

It must be recognized that until now La Preciosa and Silvertip have been very expensive, but have not been very successful. Exploration results would be promising for Silvertip, but this remains promising and the decrease in the price of silver is no excuse for La Preciosa (managing is planning). If these mines really have a lot of potential, why not reserve the means for them rather than for the

[OCB1234]

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[andre171]

Let's first wait for the quarterly results tomorrow and the tone of the conference the next day!

[OCB1234]

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[slamdunk]

Having a problem with reading comprhension its clearly stated up to the outstanding cap of 300 million the rest in cash.. Also the 12.7 million shares already paid to Orion for Victoria shares have made a almost a 45 million unrecognized gain since May..Thats just starting and  when Victoria rallied to over 21 Coeur had a 88 million gain .That kind of ROI  is never going to feel like

[EdwardBlake]

OCB, I simply think things backfired on Coeur. VGCX ran up and CDE fell hard. I think the odds that Coeur walks away with Eagle in this environment are slim to none.  The only  way I see this changing is if silver flies to $40-50 which will buoy CDE to $20, but that's a real long shot.

[OCB1234]

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[andre171]

Silver and gold much higher, Chris Vermeulen says he believes it! https://www.silverdoctors.com/silver/silver-news/gold-silver-which-will-have-an-explosive-price-rally-and-which-will-have-a-sustained-one/

[jakayo4]

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