gdn uranium spinoff, page-5

veg...

READ the announcement!

GDN will hold 30% of the new listing, the other company, which is backing their own assets into the venture, will get 30%...and the public can apply for the rest.

As GDN holders, we get to keep 30% of what we already have, get 30% of what the other gay has...and 30% of all cash raised via the new IPO!

Sometimes 30% of an expanded, focused, fully funded and proactive entitiy is better than 100% of an inactive and underfunded one!

Judging by all other u3o8 companies on the exchange, we can expect market caps in the $50-$150m range given the likely asset mix here (probably upper end)...with a dedicated and proactive exploration team and fast-track mining program!

That some $50m asset value for GDN's 30% shares...a value not being even remotely reflected in the current share price.

We also can participate in the IPO...which if it is anything like virtually every other u3o8 IPO of late, will see upwards of 100% stag profits when they list.

This is an excellent deal for all shareholders who recognised value...but perhaps not for those don't comprehend the mechanics of such things!

Cheers!