Hi, Joe. Thanks for running the GUY hub and for your take on matters.
With the Au 5.4 million oz resource and 3.7 oz of it measured and indicated, I'm hoping this one springs back to at least $3 or $4 in the Jan/Feb timeframe.
The Aranka merger seems like they are tying up their Guyana properties in one big bundle for a suitor to buy us out.....hope we don't get lowballed. With the 3 properties(Aurora, Peters(probably 500K oz), and the Aranka holdings), I would hope we would get at least $7 or 8 in a buyout. And that would be cheap but need to get the share price up before that as most buyouts only carry a 30% premium these days.
Would be nice if they made a deal with GPO to add more oz.
Unfortunately, I believe this fund deleveraging that has been occuring has set us back aways as the institutions have abandoned us. Let's hope it is temporary. Been holding for many years and this one should have been sold in 2007 for north of $10. A big opportunity missed imo...............
All JMO.............