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Message: E has the right of it

Nov 07, 2008 10:19AM
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Nov 10, 2008 01:30PM

E has the right of it

posted on Nov 10, 2008 05:19PM

I think that E has a good scenario playing out right now and i endorse his view point (now i sound like a politician).

This is the slow and steady train to a bigger payday for all involved, thats where the patience part of it comes in.

The more that the company proves up, the more an offer will have to be to be of value to those who hold shares in this company.

Cheap undervalued offers will never fly, but a bidding war could start, which if any suitor was serious enough to want this company, would not want to happen EVER. An offer that is closer to our true value would probably not be challenged and have a real chance to succeed.

Our Knights know what they are looking for, and those who covet what we have know what the Knights want and will have to wait until the SP gets closer to that number.

The trick for us is how much gold SGR can find in the time left to them. That is something that needs time and a low SP to boot.

Now having said that, I believe that Slug is right as well in that we are about to move out of this cheap share bonanza and make 3.00 a reality. 6 months is where i see this stock at that price, but a 43-101 any time soon could change all that.

AK

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