CAH 0.00% $1.71 catalpa resources limited

Consolidations rarely end up giving a shareholder true value,...

  1. 46 Posts.
    Consolidations rarely end up giving a shareholder true value, the market just does not respond the way those who initiate/dream up these proposals say it will. Lion can give us all the "projected" values they care to but just remember they are only projected. From what I can glean, Lion are asking us to accept that 30% of Cracow's piddly 30,000 ounces of gold production per annum (which equates to an even more piddly 10,000 ounces per annum for the "Lion share") is worth CAH shareholders to consolidate 11 for 1. Why should this be good for CAH when they will be producing over 100,000 ounces per annum? When the Lion roars it seems that the CAH Board rolls over. Very very happy to be proved wrong tho'.
 
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