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Message: Re: Buyout

I think they have to demostrate continuity in Nucleus before they will get taken out. They have to demonstrate that the high grade resource continues in some direction. If they can do that this year, the SP could go parabolic. In some ways this deposit reminds me of Rainy River -some good high grade results early on, but mediocre and disappointing results as well. It will certainly help if Atac continues to follow through this year, and if some of the others (especially Kaminak) get good results.

What would really move this stock is a concrete financing, concrete drilling plan, and some good new drilling results. That won't happen for a while. I'm actually a little disappointed by the recent news results because they seem to indicate a commitment to selling out the company instead of forging a company worthy of being bought at top dollar.

Most of the snow is gone in the Yukon. How come their drills aren't turning?


Apr 26, 2010 02:24PM
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