I'll bet that plans are under consideration by at least several organizations to take us over. And, assuming that a large deposit starts to become evident (from successful drilling) the risk of takeover increases. I am very happy that Richard has investment bankers working for us.
Last nite I played with some numbers (which you might laugh at) to estimate some potential in situ values, and, well, I will be selling (some) other holdings to add NOT on Monday. Incidently, my best purchase was on August 24, 2007. Lucky me. Too bad I just bot a bit.
Anyway, the point of this is that beyond any doubt, lots of people will be working on ways to get money from the Rim of Fire. Some of them will be working on ways to get ownership before the owner's find out how valuable the property is. Buy the project, buy the company. Right now, lack of information cuts both ways.
We are at risk, I fear, of someone making what looks like a generous offer for NOT, or later for the spinoff if there is one, and, since most stock probably is and will be held by people and organizations which do not have a time horizon which extends for years, we will be taken over at what turns out to be a bargain for the buyer. Incidently, it will be years before any mine can begin producing. It would perhaps be fun to start a pool on the start up date.
Publically available infromation permits me to conclude that the deposit could have a very large number of near surface cubic meters of rock worth over $6,000 EACH (after mining and milling). The potential is staggering. Is it there? I do not know, but I do know that I cannot score if I am not in the game. I want to score, and I want to stay in the game.
I am very happy that we have Richard working for us. I really do trust that he will do his best for the company and shareholders. In fact, he is a dandy.