One word about negotiations with Newmont or any major and....
posted on
Mar 01, 2012 10:54AM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
Can any one of you imagine where the stock would be if Lori even mentions she's in talks with one of the majors? Maybe a deal would not happen but just the fact that she starts talking with one of them or all of them would send the stock skyward. So, one could say I'm pumping....I say I'm spewing reality for at some point (if we have what we think we have and one of the majors thinks the same) there will have to be negotiations to sell Tesoro. When that starts the only question will be the all important "at what price" question. Remember my post on perception.....All we need is for one of the majors to think there is a huge gold ore body and they will try to lock it up at a cheap price. I think that's $5 to $10 per share in value to us. Oh, I know I must be smoking something! It's not smoke.... it's Sculp and Mr Hobbes and Hog all pointing out the previous "factual" drilling report numbers. Lori may not sell at those numbers I mentioned but even those numbers are the score of a lifetime to many of us. JW