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Re: RoboTrader post# 101849

Friday, 10/26/2012 2:50:21 PM

Friday, October 26, 2012 2:50:21 PM

Post# of 118202
Hey Robo ... at least we have confirmation of the Annual Meeting and the divi.

Just had a big fat Cuban and thought it over ... some thoughts.

1) why now ... and why just before the annual meeting.

2) my ´divi´ will be something like 5,000 shares (holding 2.25 Mill PCFG), unless I manage to top-up before the 1st Nov.

3) Assuming the Pacific Metals par value will be 0.01 that´s about USD 500 bucks to me (or 10%) or 20 cuban cigars. Nothing to me but a lot of cash for Mitch and Rob with their debt for shares conversion.

4) This whole exercise costs money ... which makes me think they have a buyer for the spun-off company ... which is a non-performing, non core asset of PCFG.

This may all be BS but somethings up .. except the PPS of course.

GFTA

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