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Message: Re: Sell out process
1
Jul 12, 2011 11:41PM
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Jul 12, 2011 11:46PM
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Jul 12, 2011 11:51PM

Welcome to the board, m1000,

IMO, our idea situation will be like an auction, where bidders will bid up the price. We could sell to someone behind closed doors, but I would have to ask, would we get a fair offer that way? I beleive the first offer will be a low ball offer, to test the waters. This has an excellent chance of being a very valuable resource and I think if an offer comes in for $20 a share, the bidding will continue up to maybe $100 per share depending on the drill results. You can be sure that some suitor will try to get this as cheap as possible, I know I would.

IMO

2
Jul 13, 2011 12:12AM
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Jul 13, 2011 12:16AM
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