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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: AuBug who wrote (34983)3/5/2007 3:09:06 PM
From: loantech  Respond to of 78419
 
I have not followed either of these. Maybe marcos or jack or claude?



To: AuBug who wrote (34983)3/5/2007 7:45:20 PM
From: Metacomet  Read Replies (1) | Respond to of 78419
 
Coming in from the AUQ side, it isn't clear to me that we fare batter here.

Since the new shares are issuable 1 for 2 for each of the mergees, seems to me that MGM will have a larger share.

AUROGIN RESOURCES 63,684,721 common shares

MORGAIN MINERALS INC. 72,529,908 common shares

My simple brain says that I am not getting as many shares in the surviving entity for my AUQ assets as the MGM guys are getting for theirs.

So could somebody who can read these resource tables 'splain to me why MGM is worth more than AUQ here?

(Or is this really more a case of the dangers of interlocking directors getting a wild hair up their butts?)