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Re: lerx post# 1321

Wednesday, 05/14/2008 10:39:01 AM

Wednesday, May 14, 2008 10:39:01 AM

Post# of 5678
2 things could happen it could be a cash buyout ... you get the value that GXPI was bought for and gets divided out by the number of shares

or

your shares of GXPI would get absorbed by the producer and become shares in the new company but it wouldn't be a 1 for 1 deal (well it all depends).

it all depends on value of PPS how much gold reserves they got in their mines, how easy it is to extract, the cost of extraction which is really low in columbia.

look up information on Aruiqipa i think thats how you spell it actually go the TAOL board to find articles on that company and they're buyout. that's what i'm hoping for here and on TAOL to get bought out after they find the estimated reserves.


OG

All comments are my opinion

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