HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Free
Message: Theory...

Theory...

posted on Jan 30, 2010 10:03AM

They are trying to de-moralize the retail shareholder into accepting a low ball bid, let's say $4. With the share price in the mid $1 range, they can make a case that this is a 300% premium on the current price and a very fair deal, especially with the blockade issue.

With the amount of options the directors have and the amount of shares the big institutions have, most will make $1 million++ and move on to the next game.

Just a thought on why OUR company seems to highlight the bad news and downplay the good news.

Share
New Message
Please login to post a reply