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To: marcos who wrote (38159)4/28/2010 12:42:09 PM
From: Claude Cormier  Read Replies (1) | Respond to of 233804
 
RIC still has to prove that it can reduce costs at Island gold. Of course the exploration programs it is running may help lower the pain in the mean time.



To: marcos who wrote (38159)4/28/2010 3:23:33 PM
From: Claude Cormier1 Recommendation  Respond to of 233804
 
|| the spin-off on ssl.v is not that significant, one thirty-fifth, less than three per cent difference

True. But in the end, the spin-out will have a low 6 million shares out with $500K and an option on an uranium property. This will likely be worth $1+ on the market. One significant announcement on a royalty deal followed by a financing and it could end up significantly higher.