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Gold/Mining/Energy : Corona Gold Corporation
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To: 31Floors who wrote (24)4/1/2011 12:32:25 PM
From: jpthoma1  Read Replies (1) of 35
 
Good analysis.

we wonder how or if mgt will take some steps to eliminate that discount

According to my friend Claude Cormier, such discount is usual and "normal" with mining funds.

Since CRG is not a real fund (it has less than 10 stocks), I personnaly think the discount should be less than 40-45%.

There are only 2 ways to eliminate that discount:

1) Sell all your CRG shares and use that money to buy the stocks owned by CRG in the same proportion. But since some warrants are not trading and the loan is a private placement, it's impossible.

2)Eliminate sellers!! So let first identify them. You have some names?

;o)

JP
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