Re: Lets celebrate ... Back to .30 pre merger
in response to
by
posted on
Jun 02, 2008 05:15AM
Speedy,
I love MGM's resources ... when all is said and done ... we will be far better off and I daresay the AUQ ers wil have got the better of the deal ...
No so against Chester ...yet ... the company has not been effectively managed ... Babcock has not peformed in the role as President and if the directors' including Chester are finding his performance acceptable we have bad directors including Chester ...
more than any other reason I supported the merger because it was a good business combo .... MGM will prove to have more resources and AUQ cash flow financed it while not diluting ... both companies were too small ... were languishing and AUQ was being badly manipulated by someone and I don't believe they were insiders.
Chester's credentials speak for themselves and we have a fantastic miner who has brought two mines to operational effectiveness.
The company remains extraordinarily low priced .. a great deal for anyone in a buying mood ... .60 remains unacceptably low and 1.00 is not much better although I suspect everyone's mood will be much better.
Lots of talk about new blood on the scene ... lets see if it is more than just talk and who and what they can add.
Orgy