Re: CLF buying

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First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

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Snowman4

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Re: CLF buying

in response to

CLF buying

khareema

posted on Jun 03, 2010 11:26PM

Looking at the KWG SRP and assuming SPQ is structured similarly any shares (up to 20% of outstanding) purchased prior to the separation date will NOT have their associated rights cancelled, so the shares purchased prior to the separation date will not lose their value.

Does anyone know if CLF was legally required to disclose the purchase or whether it was just a tactical decision? If it was a tactical decision it seems very odd.