Re: Dave and Board !
in response to
by
posted on
Jan 20, 2015 10:30PM
Neophyte,
I concur and appreciate the voice of reason. I haven't decided how I'm going to vote yet. I can understand wanting a better deal and as a stockholder since 2007, I certainly feel it's worth more. I can understand even more wanting to know what they found over the last 6 months of drilling. All that said, gold exploration is risky business these days in a volatile space controlled to an extent by manipulation beyond the control of retail investors. We are now in a position of far less risk than we were last week and the stock is worth 2 bucks more. Those results will be released, and GG only bought because they are going to be strong. As GG stock holders now, that can only benefit us.
I do have a novice question- we get .1755 shares of GG for every share of PRB on the day the deal closes, correct? So, in other words, we should want GG stock to do well between now and then, as the more it's worth, the more our stock will be worth when the deal goes through?
If the deal is a low ball offer, a white knight will prove that notion to be true and make an offer. Anything saying that an offer is likely or unlikely is pure propoganda, because anybody making those predictions isn't privy to the confidentiial info the suitors have.