Re: amalgamation
in response to
by
posted on
May 26, 2010 09:55AM
First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed
We are very luck to be put in play. With problems in South Africa etc this has thrust us into the spot light.
Cylinder you may be correct in that we’ll be bought out in the next few months. Like your self I feel it will be for .40 or more. Maybe $1 +.
With C. Thomas and Canaccord Genuity working on this with management anything is possible.
Could another party join KWG & SPQ and together make an offer to Cliffs for their ROF holdings. Teck, Rio Tinto or Xstrata perhaps trade some unrelated asset for their share. Options seem endless.
I’m just speculating but I think the ROF play is just starting to heat up