Post by
apmgold on Oct 05, 2013 10:14pm
New Funds - Good Sign?
Like Solver I am a long term AMW ESO holder with concern about a premature sale before a reasonable estimate of the ore body is known. Although it seems like we would want to draw from the experience of AMW's management who achieved max value for HAT, personally I am agnostic in terms of who manages PLS - so long as max shareholder value is obtained. It strikes though that the additional $11m influx of funds is actually a good sign that Dev wants to do a lot more drilling to establish what we got before any sale takes place. Why else would we be adding $11m in new funds? Anyone else share my encouragement or have other insight? Thanks
Comment by
Bigwinner101 on Oct 14, 2013 6:50pm
Agree 100 % . . . i'm a long term ESO - AMW also . I had a Gut feeling that the AMW would go to a Value of about $15.00 . With the takeover / buyout from Fission @ 5.725 that would make the Fission " Eventual Buy-out " @ about $2.60 - 2.70 . Let's see down the road . . . GLTA !