A few comments...
posted on
Jun 29, 2013 10:05AM
For those of you concerned about the stock price, keep in mind that we were driven by greed in the run up to 2.69 and driven by fear (especially by those who overcommitted themselves) on the way down. The true value of the stock, pre-buyout/back-in is somewhere in between. We are extremely undervalued at today's levels...but what mining company isn't today!
As for the silence from head office...yes it's frustrating! However, this is not my first trip down the aisle and I can tell you it's quite normal. I have witnessed companies avoid publicly acknowledging they were even looking for a buyer. At least we have been told we're in discussions!
GLTA