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Gold/Mining/Energy : Centurion Gold --CGHI--

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To: siempre who wrote (91)6/27/2005 11:07:24 AM
From: blind-geezer  Read Replies (1) of 460
 
<<b-g, a 40+% gain is better than a poke in the eye with a sharp stick....>>

so very true, at least we should come out with our capital intact <ggg>
what is the normal procedure for this kind of buyout, does the board issue a recommendation, and the shareholders vote for it ... I seriously doubt that the shareholders would have any effect on whether the buyout would go through ...

Paul said we have 5 billion of asset and using the 10% evaluation method, the company is worth 500 million, and he is selling out for less than 70 million, 15% of its value, geez ...

I am sure I will buy in Paul's new company, we will have another wonderful opportunity to make some money again <ggg>
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