Victoria Gold Corp VITFF

Did Orion invent a new version of the death spiral?

[phoenix_trader]

Assuming slam is right in this, -"then the 75% of the spread is paid to Orion in Coeur shares up to the 300 million cap." . Orion blows all it's Coeur shares driving the CDE to a fraction of historical price. VGCX is sold for $25-30 meaning Orion receives $300 million super cheap CDE shares and then hypes the CDE shares selling at a significant profit. The end game was Orion received marketable CDE shares for an illiquid VGCX position then replaced the sold CDE shares at a cheap price after VGCX sells. What a way of placing VGCX in play and generating cash along the way.

H'mm what's to stop Orion from finding another miner to buy their remaining VGCX for the same deal. Lets face it VGCX remains illliquid and  very volatile on volume. Hopefully that miner reads Stockhouse.

[slamdunk]

Orion only gets 75% in shares up to the shares outstanding Cap and the balance in cash. as per Agreement and Support Agreement. Coeur has 257million outstanding shares  presently-There has been no filing with SEC that Board has ammended that £00million Cap. The only was this 755 is returned  from the 13.20 sale price to Coeur is if Couer gains OVER 50 of Victoria sharesand 50% of