ROS
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0.00% 35.0¢ red october resources limited

I think it's a great move. They could flog this off to the TSX...

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  1. MG.
    4,383 Posts.
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    14/06/11
    12:17
    Post #: 8534701
    I think it's a great move. They could flog this off to the TSX coy say for $ 12 mil + 40 % of the new coy. Then they don't have to raise the $ 10 mil needed. The Canadian company can spin it off. Or they could sell it out tight say $60 mil or so to the TSX coy. Either way we should see the SP passin $ 1 at least. Ross smith is a smart guy.
    ROS Price at posting: 35.0¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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