T&J;
I guess that all depends on whether they just buy the Tesoro, part of the Tesoro, or SLI as a complete company. I personally dont think $120 per share premium is near enuff if we get an average of 11 oz / tonne in the anomolies.
After all, when you comprehend Bows comparrisons of Andean,Aurelian,Frontier,Ventanna and the takeout average price was $769 per ounce in the ground-----why would we want to sell for less---when we have more and better resources than any single one of them. Go back to Bows post of July 4/2011/8:24 pm, "Ineresting Volume" It doesnt get any clearer.
My opinion is that we do not need to repeat the mistakes Aurelian made, and they sold at $87 per ounce in the ground. Biggest LEGAL theft in history.
Lets all stop and realize as well---- no major work has ever been done on the other 7000 acres we bought AFTER the Titan 24 was completed. Only the original 5000 acres has been accounted for in our resource calculations, and probably not most of it.
I totally agree with Bow,Sculpin,Hog and Kemo on the fact that its OK to take some off of the table to get some investment back as well as some to buy a few toys to play with ----However----I honestly believe that you should be patient enuff to wait for the big one----cuz it may be the only chance youll ever have to make this kind of cash this easy. All it takes is a little patience, and the ability to take some advice from our leaders and management. They will not steer us wrong---that I know.
Your logic is definitly not backasswards, I just dont think you are thinking Big Enuff, but then that is just my opinion ----and Im stickin to it,!!
Rinky