Replies to post #80489 on Santo Mining Corp (SANP)

[Slojab]

Ask Frankie if he's had a response from Finra regarding the merge, if there is one in the works. Maybe it's already been denied and he's just not saying anything.

[SteveWin]

Aaahh.. but... When (if) the merger happens, isn't the new company (Canoe USA) going to have Canoe China owning 2/3 of its shares, and all our SANP equity representing 1/3 of Canoe USA?

My point was that, even in the case where the merger doesn't happen (but SANP figures out how to deploy 2000 miners without Canoe's seed money), we should see a pps closer to $0.20/share than $5.00/share. (I was answering a post that said "pps $5 minimum!" - I think that's a bit unrealistic in 2018..)

Which would still be a hell of a ride from the $0.0004 where I jumped in (or the NEGATIVE $0.0002 I've paid (factoring in my flipping gains) for what I hold now. For me, the magical thing about SANP is that I've already gotten my pile on house money plus, I can not lose money at this point, so I can just buckle in for the ride!