GREY:HGGOF - Post by User
Comment by
goldenriviton Dec 07, 2022 1:56pm
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Post# 35156914
RE:RE:For those who think a major
RE:RE:For those who think a majorNot shooting the messanger please take no offence but I have bee involved with about 15 JR take overs in my 30 yrs investing.The major does not wave a flag at its take over target, they just do it if they see alot more gold to be found outside the 43-101.Allan just put out a report were he says a target for HIGH is 2 to 5 million oz about a couple of hours ago.I fully agree with those kind of targets and his thinking about multiple majors "knocking at the door"The Ellis zone could be the motivation for a bid as we already have a 43-101 as an insurance policy to any buyer.The majors are hunting but so are the mid teir companies that would think a bolt on like HIGH would move their needle alot more than a majors.