posted on
Oct 01, 2013 04:12PM
Would you want to give away your shares for nothing, even to a charity?
Yes the pressure dissipates as the sp goes lower than there are sellers willing to sell.
I am sure that RCF would be buying all the shares they could, as would I, but the controlling factor is availability of funds to do it with and also the unwillingness to place all your eggs in one basket.
In theory I could sell most of my other stocks and buy Noront's but in practice I do not and will not. I want diversification just as badly.
Bao could buy us out at any time but because they have not means to me that they are sincere in their attempt to just have a foot in the ore supply door.