Post by
ALLEN4 on Oct 28, 2013 1:17pm
Volta shareholders will hold 3.4 per cent of the BTO shares
but we will contribute to a very significant percentage of the gold production within a few years - I am not going to guess at the percentage, but its going to be a heck of a lot more than 3.4 per cent of gold production when Kiaka becomes a mine. So that's a wonderful deal for BTO shareholders - not sure why BTO shares would not be flying in this circumstance - other than the knee-jerk reaction that the acquirer's shares always fall.