Re: GHDC
in response to
by
posted on
Aug 19, 2011 06:45PM
(Edit this Message from the "Fast Facts" Section)
My friends on agoracom, only ratios u should pay attention to are how its trading pattern is (typically 2-1) FOR NOW. Don't get so technical and try to figure out mathematical equations other than your money will a longer way with GHDC than your money being in SFMI. IMO
Let's talk about Silver Falcon's (BTW,I like SF better than Mr.Z, you remind me of my H.S. history school teacher)comment along with sphindog's comments about a JV. Assuming there was a JV with lets say the Arabs, which stock do you think will POP? Who gets the money from the JV, the mining company or the company that owns the land? EOD
The way these 2 entities are set-up is SFMI takes on all the debt and GHDC reaps nothing but profits. I didn't set it up this way but the picture is big enough that nobody should be able to miss it. Bottom line here is whether SFMI is showing profits or not, once that 43-101 is complete, bet ur life both companies are BUYOUTS. Im waiting for the announcement of the new Geologist starting the 43-101. Let's get the show on the road. I hate working, I want to retire already!!!
Cheers!