Me neither, not thoroughly enough, traded quite a bit of gqc at times, done well, but always seem to hold lots going into the deeper dips
Great timing you had there, resurrecting the thread just before news of the Takara deal -g- ... so that's what we were waiting for, that first and then a PP later ... i like Takara's properties and some of their management, already had bits of tkk ... notice how it's not reflecting the 1.63 [approx] differential? - wonder if it bounces to meet gqc, or does gqc tank more ... seven cents geez, ya think? ... i dunno, pretty cheap setup then, i wonder if it means the market is thinking gqc can find a better deal than tkk can
Fisher and Espaillat are top notch, i always liked McConnell from wkm.v, Strand is known to be competent and useful, with projects of this quality they should be able to pull in financing that doesn't dilute us all to nothing, and they're well out of the Yukon where it's frozen two thirds of the year
One thing wrong, one for four rollback, should be one for ten at least, or else just let it go aussie, no point in half measures, plus odd numbers make for odd lots which get bailed into the bid endlessly
tkk - 95m out times 1.6287 = 155m, plus gqc 104m out = 259m, divide by 4 = 64.75m shs out ... not rolled back enough to get that new shine on it, know what i mean? ... make it one for ten, 26m and then you're at 40m or so after the first hefty financings, people don't like rollbacks period so if you're going to do it you might as well really clean it up, enjoy a[nother] great buy opp, and start fresher next cycle ... imho ... anyway, i'll paste in the merger release ... cheers
[edit] - a key thing here is where the six millions financing is priced, wonder to what extent price is already decided ... also, wonder who's putting it up, be interesting to find out, and will Goldfields keep up their proportionate interest |
