SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Ego Forum

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JimisJim who wrote (9682)3/17/2011 5:20:47 PM
From: hubris33  Read Replies (1) of 12175
 
Yes, McEwen decided he wants to dump the Copper project out of MNEAF. So he issued a NR today saying MNEAF shareholders would get 1 share of NewCo for every share of MNEAF they hold. So market has decided it is time to add some value for 10 Billion pounds of copper to the share price.

Trade there is to buy the Private Placement of the NewCo since they are going to need cash to pay for further exploration work and feasibility studies. That is unless Rob already has a buyer looking to pick up the Los Azules project?

Oh and once NewCo is out of MNEAF, will the share price tank? Is there shorting opportunity there? Hmmm, wait - prolly can't short OTC stocks in most houses? Oh well, have to short on the TSX directly...

H3
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext