Precious Metal Exploration

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Message: Re: Shareholder rights plan (Trainboy)
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May 07, 2009 09:26AM

May 07, 2009 09:29AM
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May 07, 2009 11:35AM
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May 07, 2009 11:37AM
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May 07, 2009 11:49AM

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.

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May 07, 2009 03:17PM
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