CXO Colorado Resources Message Board

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Gold/Mining/Energy : CXO Colorado Resources

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To: Berry Picker who wrote (6)	5/1/2016 6:55:50 AM
From: Rocket Red	of 26

CXO "The Cat is out of the Bag" Colorado Resources Takeover by Seabridge in Podcast stated by Adam Travis "lets have a look" for value Snipgold (SGG) Takeover Value by Seabridge Sgg FD Shares 37,800,203 Plus Warrants (6,250,000) @ .25 And Options 1,800,000 @.10 Shares = $11 Mil dollars (Warrants) $250,000 Options $342,000 Envrio Clean up at the johnny mountain mine is said to be 8 to 10 million dollars Total Cost to get SnipGold 19 to 21 Million Dollars Adam Stated for Seabridge to get CXO add a Zero so if Seabridge were to come today it would cost them roughly 200 Million dollars to scoop Colorado Resources Colorado Resources (CXO) 61,386,967 shares Divided by 200 million = $3.25 per share Add in Warrants & Options would still bring shareholder value to CXO @ around $2.50 per share "IF" Seabridge comes in to buyout Colorado Resources (CXO) "DYODD"

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