Re: Share price projections

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Francis Dube

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Re: Share price projections

in response to

Share price projections

jackwho

posted on Aug 21, 2009 08:14AM

Of course VB had about a fifth of the share float compared to us now. However I do believe $10 is a minimum take over price and would probably be fought by both management and the big boys holding this stock. Once we hit $15 and up, I believe we would see some cracks in the resistance for a take over. Also remember that we do have a shareholder protection plan so a take over will only be done with management's consent ie at a price that we deem reasonable considering the size of our deposits and the milestones we have reached in reducing the risks of this becoming a mine.

Wes is playing this where companies will come after us to buy us out-not the other way around where we run around with our proverbial hat in our hands asking for someone to buy us out-that is not how to drive the biggest premium for our company!