posted on
Feb 09, 2008 11:18AM
Sold for at least $25 a share, that for FDN-BLP only. Fdn-blp has at least 18-20 million ozs. A spin off exploration company will have the rest of the 95,000 acres to do what they do best, find sister deposits and other economically viable gold\copper deposits, not exactly sure what they have left for money but 60 million is not a bad start for an exploration company. Expect the successful bidder to also have shares in this new exploration company by default of owning original shares and or part of the sale conditions.