Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

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Message: Re: STOP THE MADNESS
14
May 26, 2013 02:13PM
1
May 26, 2013 02:35PM

BJ,

I think the 'super shares' and the common shares will appreciate and depreciate in lock-step with one another. I can't see it working in any other way. If the super shares traded at a premium over the common shares, it would present an arbitrage opportunity that would be exploited until parity was achieved. The two shares classes would almost certainly trade in direct proportion to each other.

Keep Digging

4
May 27, 2013 09:28AM
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May 27, 2013 12:34PM
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May 27, 2013 05:17PM
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May 28, 2013 06:22PM
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