CUU will apply to Cu2.0. Infastructure, ample capital and %100.00 ownership will be game breakers going forward.
Here's what I'm hearing as a very strong possibility....If you want some cheap CUU2 shares good luck. You're going to need to own CUU1 shares.
We'll get our cheque for CUU1. Those who own CUU1 shares will get the same % they owned in CUU1 but in CUU2.
So if it's a 10 for 1 and you own 1 million CUU1 shares, you'll get 100k CUU2 shares.
But here's the interesting part, insiders own 70%. And would still own that % in CUU2.
In other words, nothing left for sale....
Ever see a 40 million share float with only 6 million shares left right off the bat.....
While longs are using their dividend CUU1 money to buy more, those who followed the story and never acted try and get some, the analysts that just had no clue the 1st time around try and buy some.......then you have David MacDonald and other funds jumping in for more...
All this while Elmer is proving up the CUU2 District that we already know is there...
Just for fun....$1 Billion / 40 million shares.... = $25
Let Elmer prove the Discovery zone, the Mike zone, ES, GK and what they will find North and South.....No wonder we bought all that land and insiders are still buying....
Things will get crazy.