Massive Black Horse Chromite Discovery

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

Free
Message: Re: Hmmmmmmmm
2
Jun 08, 2013 11:30PM
1
Jun 09, 2013 08:43AM

Jun 09, 2013 09:18AM
4
Jun 09, 2013 01:57PM

With 691,577,273 shares and a selling price of $500 million...That works out to 72 cents a share....

I'm in......Just dreaming of course....GLTA......R R

________________________________________________________________________________

But wait, it gets better!

Cliffs owns 19% of the outstanding, or 137.6 million shares.

If they offered us 500,000,000 for outstanding shares, you'd first have to deuct their shares, leaving about 554 million outstanding or .90 cents per share.

But of course, we want more for our shares.

Dreamin 2

96klite


10
Jun 09, 2013 07:40PM
1
Jun 10, 2013 09:22AM
1
Jun 10, 2013 09:50AM
1
Jun 10, 2013 09:56AM
Share
New Message
Please login to post a reply