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finbar99

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finbar99

Re: Tamaman post# 7933

Monday, 07/01/2013 4:23:52 PM

Monday, July 01, 2013 4:23:52 PM

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>>if you wanted GBG this is the cheapest way to do it...you buy the mine for next to nothing, wipe out creditors...then buy 50% of shares with a cost average of a few pennies...so for 5 million you own the shell and what ever you paid for the mine...lets say 150 million...so now you bought the entire company debt free for 155 million dollars..

If you managed to 'steal' the mine on the cheap, why would you throw it back into a shell in which you only own 50% and give away the other 50% to a bunch of strangers? That would make zero sense.
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