RE: we will see a buyout offer from SeverstalActually I do get it. Your proposition has the potential of being correct, or not. In any case, you put forward that they will make an offer of .20 Last time I went to school, that was over sixty percent greater than the current price. My proposition is simple. Say you are correct. You mean you would pass on a minimum 60% according to your own theory? As would, you claim many investors. So wouldn't that mean an even higher price? Not saying you are right, but I am not aware of too many situations where it looks like a 50% plus return seems to be just around the corner, according to you. Say they decide to go another route, then it still goes up.IMO The point is, the upside, with the gold price up, Ruble down, costs likely to be declining appears very good, and the downside seems limited. Simple risk vs reward. I also have pointed out, that when you weigh that, and if you believe what you say, then you buy right now, because of this. Of course if you prove to be wrong, and they promote and continue on with a plan, doesn't it EVEN GO HIGHER. Everything in other words points toward a price move UP for the stock. It does not concern me, as much, which route, and they would have to be real stupid, as I say, to let the current opportunity pass them by, as nothing can be certain looking out a year. But the risk is they do nothing or whatever. Hard to imagine this not being taken up by others, as you ALSO point out. I call this risk mitigation. So you see, I do get it, it is a great investment, where risk is slanted in favor of great returns. You can work out the details, and argue how, when and what amount. I will just try and collect the results.
Great buy at this price, according to you, or do I not get your theory?