Re: Quick poll please....
in response to
by
posted on
Aug 26, 2008 11:57AM
The company whose shareholders were better than its management
Personally if the K deal fails I for one would prefer not seeing a renewed bid from K nor a bid from anyone else.
We have funds in the Bank (I hope it's still there), we can get rid of these (sorry can't think of a suitable description) Directors, see if Keith Barron would be interested in returning and finding suitable people he'd like to work with, and mine the bloody thing ourselves.
This is a Life Dream of every Miner and every Investor.
I'd love to see it drilled out, developed, and producing through to a profitable Mine.
We're all more than likely over weight in this investment, moreso I bet than any other we've ever been involved in. As such as the value appreciates, we can sell off what is needed to live a comfortable ripe old age.
Those of us that are already old and in the ripening stage, can go to the great beyond happy they succeeded in investing in "The Big One" while their Beneficiaries can reflect how smart they were picking stocks. LOL
As to what the price does if the K bid fails, I'd bet the sh value would get to say 7.50 - 8 and appreciate over the rest of the year - never to see the 5 - 6 area again.
Enough of this Dreaming! LOL Dreaming is what got us ino this mess!
I do second the motion!
It's no secret that I favor this option, and with Ecuadorean financing, if not an equity stake (something to be negotiated).
I want Bay St. out of my face once and for all. If we can pull this off, I'm going down there myself to talk to people I know and see if we can get a Pan LatAm electronic exchange set up to list mining shares and get their banks interested in the trade as well. It's the logical next step in breaking free from foreign influence.
I laugh out loud ever time I hear how corrupt it is down there. Compared to Canada, those guys are paragons of virtue.
ebear