Len and Geo, I'll vote for your $3-5 takeout prices !

A $3 take out would be about $450 million in Canadian funds(assuming 116 million shares fully diluted) and $5 would be about $600 million. I would think from the way the GEA deal was done, that it wouldn't be all cash but I would love it to be.

If we hit significant gold in the cores of each of the 3 mother holes with the right type of structures, I could see a buyout before Christmas if it benefits Goldilox in some way. Would have to rush the cores for assay results but maybe some visuals would do it.

Obviously, it would help if we got the share price up with some measured results before a buyout offer. Hard to tell how the current market conditions might change Don's mind.

One thing to think about though, a $1-2 buyout now might be worth a $3-5 buyout a year or two from now because of the quality stocks on deep discount sale right now. Some of these could double or triple in price if the junior market gets better with some higher gold prices. GEA investors should be in the catbird seat right now if they are still in cash.

All JMO........but fun to talk about