posted on
Nov 19, 2012 10:02PM
We would get what we're worth because we have the ability to wait it out if we don't get it (though some people may not be fond of that). If Teck says no, we can go to the market. Most juniors are affected by bad market conditions because the majority of shareholders give themselves away at a discount. Look at many here saying "I'd be happy to sell now for $2/$3 and forget about it". If a low ball offer came in and their vote mattered, we wouldn't be sold for what we're worth. Thankfully we'll be sold for what EE for the most part wants, and billionaires don't become billionaires by leaving money on the table. Seriously put this in perspective people. If we get $5/share a 2 year wait or even a 3 year wait is fantastic annualized returns. You're beating the market, that's for sure and more than likely you're doing quite well compared to the majority of investors. Think of the forest.