Re: Shareholder rights plan (Trainboy)
in response to
by
posted on
May 07, 2009 12:37PM
Focused on exploration and advancement of mineral projects in Peru
Trainboy, good question, yes I believe you're right about having this plan in place. I know GB mentioned this many months back in an interview. as for the details, don't remember having read nor heard anything since that interview. Gosh, I think this was mentioned at least 8 months back maybe more...
I think I speak for most shareholders when I say we've waited too long and have invested too much to be giving the property away, let alone except a 3:1 take over bid. I think most would at least be tempted at 6:1 at this point.
I do say this, if there was any right timing for a possible bid by Major/Mid Tier Co. it would be now, with SP as it is now at the bottom, Most comparable Juniors SP are at least 30-50% and more from their lows with IMO lesser property potential, making DRV stand out much more as a sitting golden goose.
Good question though.