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Message: Re: Buy out offer - Crocodile Gold corp

It'll be interesting if the bid goes up from the .56/share offered.

Still trading under 50 cents, days after the offer at .56. Looks like there's speculation that this deal will fall through.

Still with 3.4 million ounces 43-101 proven and 2.1 million inferred the math should show more value than a market cap of $173 million. (That's .56 x 310 million)

This proves that gold in the ground is not all worth the same buyout price.

Let's see where they end up.

Good luck to them.

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