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Message: Re: what will the catalyst be?
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Sep 15, 2011 08:12AM
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Sep 15, 2011 10:33AM
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Sep 15, 2011 04:01PM

hansix,

You wrote, "My greatest belief though is that a buy-out will occur and that we will be made aware of it within the next 60 days due to our extraordinary and substantial value."

While you may be correct about an imminent buyout, most investors would view that as a failure. Of course we all should view today's price as the only one that matters, but most shun that attitude and use our cost basis plus time value of money tied up as the number. It is unlikely that a buyout would result in multiples of today's SP. Only those "late to the party" (actually they arrived at exactly the right time) would be pleased. So while your spectacularly wise 10 - 15 cent purchases would applaud a quick (6 month) double, I'm afraid most would grumble and disagree. If S & B and Sprott et al are REALLY on the ball they would intend to hold out for the greater prize closer to NPV which would evolve as progress occurs with time.

JV yes, buyout now no. That's how my shares vote.

Strike

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Sep 15, 2011 10:14PM
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