The sky is not falling-why does everything have to
Post# of 8054
The sky is not falling-why does everything have to be apocalptic w penny traders.This is my 1st take-planned on doing other business this a.m.
Nothing new as afar as affiliate designation-they have alternatively called it a sub or affiliate for a long time depending on the context. It has been a wholly owned sub-a private corp w no public shares of its own.
Without looking at the PR again the sub was already called Pan American Mineral Ventures sa de cv whatever mex suffix designations
Its the parent CWRN that will have the name change--CWRN originally planned this for Jan 2011 as per PR's back then.
We do not lose our stock-its simply a name change to reflect operations as PR says.
Since CWRN was formed in 1995 they have researched and investigated mining opportunities in many nations on several continents but in last 2 or 3 years chose to focus on Mexico-and now w successful mining operation and the huge Mex Nazarena concession they felt it was time to change name to better reflect operations-
companies are legally required to have a name that reflects what they do-the name change will inform investors they are concentrating on latin american mines-which is what they have been doing for 2 or more ye