The former Wildcat Exploration Ltd HUB On AGORACOM

The company is now known as FUSE Cobalt.

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Message: Nice move on San Gold today...

Nice move on San Gold today...

posted on Apr 15, 2009 02:22PM

Relative upside from here....?



Well 10K SGR shares sold today would buy 400,000 WEL shares @ .05

Now if WEL was to move just to parity with MMU market cap that would make those 400,000 shares worth close to $100,000.

or:

If one was to take 400,000 in flow through you would get an additional 200,000 wts and get a refundable tax credit of $3000 and reduce your income buy $20,000 which would provide an additional income tax benifit.

Nominal cost of the flow through shares would be about .03/ share depending on one's income.... The wts being the bonus upside should WEL take a significant run making selling a few free trading much easier on a rising stock price.



JMHO

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