GPN greater pacific gold limited

shares v options, page-13

  1. 7,409 Posts.
    Diamond View,

    That has to be one of the most ridiculous posts I've ever heard. How about I give you 50% of my company and then I will proceed to dilute the crap out of it until you end up with 1%. Sounds great to me.

    This is the ridiculousness of the whole situation. GPN give away half of their supposedly lucrative gold tenements for around $3mill. GPN give away their vanadium in a spin-off to YRR but retain 70%, then proceed to give away 50% of that ownership for U patches, taking into account the shareprices at the time for an equivalent of about $40mill.

    Yep sounds like a bumper deal to me. Seriously, hello, anybody home?
 
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