Ann: Option to Acquire Dragon Mining's Stake , page-11

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  1. 6,756 Posts.
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    re: Ann: CHN: Option to Acquire Dragon Mining... I'm sure the definition of the reserve figure would be including ounces already mined.
    CHN will be anxious to have a high reserve figure when they list on Toronto in a couple of months as I'm sure they'll be placing shares there also.
    Be interesting to see whether DRA compulsorily pays out the CNs when they get the cash or just lets them be redeemed on expiration next Feb.
 
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