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Re: goldwingeurope post# 104978

Wednesday, 08/03/2011 10:10:40 AM

Wednesday, August 03, 2011 10:10:40 AM

Post# of 165858
$10Million is the equivalent of 500 million shares (assuming .02). That many shares would destroy the share price. This is a much better deal for all of us and will greatly accelerate the project, awesome news.

If we can get this over .07, volume will come in, not much volume for the news right now. All of the big ASKs have been pulled, so it shouldn't take much to get this to new 52s.

On a side note, 10 million for 25% of the Nemegosenda values the property at $40 million, of course this too could be considered a sweet deal for HKHE (they are also assuming 10 million in risk).