Posted On: 09/15/2014 11:55:21 PM
Post# of 2102
Rhinegold Monday, 09/15/14 10:33:37 PM
Re: MM240 post# 49075
Post # of 49089
You are saying Canwealth will probably not sell all the 15 mill shares of IPO and it will quickly trickle to .0001 ? LOL, That is the most absurd thing I have ever read! Sheer numbers are a direct contrast to that!
A Freaking 15 Mill shares of a company IPO with land (Just 1 property worth $11.6 BILLION Dollars!) + other properties in the Abitibi Greenstone belt that plans to actually mine being worth .ooo1? hahahah
If I was Garth and thought that for ONE MINUTE, I'd freaking sell the whole darn thing to Gold Corp (or any other of the 13 miners in the Canwealth area) for a Billion dollar fire sale and F' it and ride off to sunset. (You guys realise Garth is majority share owner, if it goes to .ooo1 he loses 10,000% of his valuation per initial share sale.
So I say again, NONESENSE, POPPYCOCK, AINT HAPPENING!
IMO, We share holders are LUCKY to be able to own any of this.
If he was a greedy guy he'd do a private deal and keep it all for himself and the private investors, I personally get a bit disgusted with impatience and lack of knowledge of mining.
THE IPO WILL COME WHEN IT COMES, THATS IT. Like a baby it will come when it comes.
Re: MM240 post# 49075
Post # of 49089
You are saying Canwealth will probably not sell all the 15 mill shares of IPO and it will quickly trickle to .0001 ? LOL, That is the most absurd thing I have ever read! Sheer numbers are a direct contrast to that!
A Freaking 15 Mill shares of a company IPO with land (Just 1 property worth $11.6 BILLION Dollars!) + other properties in the Abitibi Greenstone belt that plans to actually mine being worth .ooo1? hahahah
If I was Garth and thought that for ONE MINUTE, I'd freaking sell the whole darn thing to Gold Corp (or any other of the 13 miners in the Canwealth area) for a Billion dollar fire sale and F' it and ride off to sunset. (You guys realise Garth is majority share owner, if it goes to .ooo1 he loses 10,000% of his valuation per initial share sale.
So I say again, NONESENSE, POPPYCOCK, AINT HAPPENING!
IMO, We share holders are LUCKY to be able to own any of this.
If he was a greedy guy he'd do a private deal and keep it all for himself and the private investors, I personally get a bit disgusted with impatience and lack of knowledge of mining.
THE IPO WILL COME WHEN IT COMES, THATS IT. Like a baby it will come when it comes.
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