GREY:KXLAF - Post by User
Comment by
muffin17on Oct 16, 2012 10:21am
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Post# 20488167
RE: the buyout price is a tragedy
RE: the buyout price is a tragedy I totally agree Silver 300. AR has a few deposits, which when combined come close to the 6m ounzes that Prodigy has. Prodigy 6m oz however is all in one place. In addition, the grade of the progigy deposit is about double that of AR's average grades.
It may take a couple of years but I would expect Prodigy to be trading in the $5 range once we hit production. I am feeling robbed. AR is doubling thier resource reserves by diluting its shares by 10%. Great deal for AR. I will not be voting for this friendly takeover.
Muff