Re: Here' s the numbers if we get $300/ounce in a bidding war or even $700/ounce!
posted on
Mar 12, 2012 04:25PM
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
God, I love the people that try to make a sale of a property so complicated. It's as if you wouldn't sell unless it was complicated! Years of evaluating and drilling and share price dilution to pay for that........All lori needs to show is heavy concentrations and we are off to the races. The big guys are desparate for reserves and they will do their own due diligience,with people like yourself telling them what's in the ground and what it will cost to get it out. It's not brain surgery, that's their business.. Sales of properities are done every year (some overpay for assets and some don't). It really depends on how much the buyer needs the reserves that is going to make the deal a go or no go and at what price.....Next! as the soup Nazi on Seinfield used to say if the bid is too low and the next buyer will step up to the counter. Sorry but that's my opinion, JW