Re: 2.1 Million Ounces for 21 Million US Dollars
in response to
by
posted on
Feb 04, 2009 08:45AM
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Woodstock,
My gut feel is that when push comes to shove we won't win that vote because there must be sizeable institutional holdings that chase fast bucks, as well as individuals that would take the escape route. I think it's the wrong thing to do even if the buyout is $20 an oz instead of the current $10 US. As Baires said, the employees are key. Unless it's someone who has neighboring mines (like ABX, I think).
We need a quick move up to reflect true value, or close.