Re: Are we not already in a deal concerning shareprice?
in response to
by
posted on
Jul 23, 2011 03:15PM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
Hi cockeral1,
I went back and looked up the original format that ECU and AUM had been giving us. I don't see anything in the reading that said it would be pro rated at time of total agreement. In fact what I did see stated was after June 29th ECU shareholders can convert share prices at .97 a share to AUM convertible price of 20 to 1 share price.
Now I may not be reading something right here so please inform me if I am missing something at this point. The way that both stocks have been trading at any date it would be more satisfying to any ECU shareholder to convert to a better price margin in dollars. At least that is the only take I forsee at this point in the arrangement. If I am wrong please let me know where I am missing this conversion rate. ty and keep up the good work. It wont go unrewarded.By the way I have noticed that members of the board who have been quite good at giving information have not been seen lately. Is this a coincidence. I hope so.