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First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

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Message: Re: doesnt this imply that spq is worth a minimum of 0,35?
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doesnt this imply that spq is worth a minimum of 0,35?
5
Gerwin
Jun 30, 2010 10:01AM

NO.

"The completion of the Proposed Business Combination implies a value to Spider shareholders of between C$160 - C$223 million, or C$0.24 - C$0.34 per Spider share (based on Spider's fully diluted ownership of the combined company)."

Working backwords 24/1.3 = 18.5 cents per KWG share

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2 Recommendations
Re: doesnt this imply that spq is worth a minimum of 0,35?
5
luckylou
Jun 30, 2010 10:38AM
Re: doesnt this imply that spq is worth a minimum of 0,35?
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hzmn91
Jun 30, 2010 10:49AM
Re: doesnt this imply that spq is worth a minimum of 0,35?
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Thistime
Jun 30, 2010 10:53AM
Re: doesnt this imply that spq is worth a minimum of 0,35?
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Laura Brown
Jun 30, 2010 11:25AM
Re: Laura B:doesnt this imply that spq is worth a minimum of 0,35?
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ANBCA
Jun 30, 2010 11:33AM
Re: Laura B:doesnt this imply that spq is worth a minimum of 0,35?
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Thistime
Jun 30, 2010 11:40AM
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