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Gold/Mining/Energy : DISCOVERY BOARD ~ PRECIOUS METALS ENERGY URANIUM OIL -- Ignore unavailable to you. Want to Upgrade?


To: PaperPerson who wrote (4414)10/26/2011 1:05:04 AM
From: onepath  Read Replies (2) | Respond to of 4690
 
You are convincing me to just hang tight.Nearly ready to put my shares out there i now have them tightly clenched in both fists....lol

Paper...you did a good job of keeping this front and center and keeping the likes of me in it.

A big congratulations on your success.



To: PaperPerson who wrote (4414)10/27/2011 12:01:06 AM
From: DrBill1 Recommendation  Read Replies (2) | Respond to of 4690
 
SPINCO's TARTAN LAKE ASSET
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(evaluation by Skyman on Stockhouse: value to SEM shareholders)

"What is to stop this SEM team from deciding to go back to the Texas group and selling the Spinco and cashing out?"

Just to clarify, there will be approx. 30M shares in Spinco, so an offer of $4m for Tartan Lake will be 13 cents per share. If you add in the $800k in cash, this puts a total value of 16 cents on Spinco, (or 4 cents "bonus" per SEM share, trading today at the CRJ value alone.)

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Regards,
DrBill