... I just don't see a buyout at this time, with all due respect to those who have posted otherwise.
I have my doubts that Baosteel would be selling out so quickly. They just got in, they just put Mr. Li on the BoD and they are a huge company that could fend off any hostile takeovers. And as Khareema pointed out, they have first right of refusal.
Lots of great posts and thoughts today. Nice to see. I hope the run up continues. The 3.6 million shares traded today (all exchanges) with a 22 cent gain is quite impressive. The last time we saw volume like this was on Sept. 26th, when 3.9 million shares were traded, but there was no gain in the SP until the next day, when it gained 5 cents, but there was no significant news.
So based on that, I think that something is up and it may be the remaining drill results. In any case, if there's news coming it sounds like it may be pretty good. I think we can all agree on that.
I just don't believe it's a buyout. All the conversations with Wes throughout the summer while organizing the golf tournament and afterwards as well, committing towards next year's tournament. There was never even the slightest indication of a buyout coming in the near future. And no indication from the people who rode with the 4 Noront execs on the golf course.
I could be wrong of course but I'll be camping out in front of the 'puter' on Monday AM.
Welcome back Misfit. Let's run to $7 again. Oops, I mean $20 C.D.
strato