Post by
JTDOUBLE on Dec 13, 2020 8:35pm
More likely get taken out soon!!
With this high grade results, expecting some takeovers here !!
Comment by
Bucky86 on Dec 14, 2020 10:20am
Entirely possible..... I'd guess it would be for a decent premium also.... gold forecasting higher in 2021 and their solid results. I'd be okay with it.
Comment by
Bimmaxbro on Dec 14, 2020 11:23am
Well I'm not okay with it! We own part of a sure thing that has no down side . Patience Grasshopper. I've been in since the .70's and won't accept giving up a potential 200-300 percent from here over the next 2-3 years for a paltry premium now.
Comment by
Bucky86 on Dec 14, 2020 11:48am
I hear your point... being bought out isnt a bad thing necessarily...yes it might decrease some of the exponential growth PGR but you still might get and 200-300% premium if they are bought out sooner than later....they would get bought out for anything lower I'd guess
Comment by
RetireAT100 on Dec 14, 2020 12:25pm
Newmont has the coin...I think we\re all hoping a little too much for a quick gain. This is the best time to load up on juniors while gold is down.
Comment by
Gary1212 on Dec 14, 2020 4:44pm
I wouldn't definately not want a takeover..This company is forecasted to be the next Kirkland Lake. We are looking at a 10 bagger here over the next 3 years. Kirkland Lake share price kept going up as the price of Gold slowly dwindled down 3 years ago. We are in a bull market now and can expect nothing less.
Comment by
Bimmaxbro on Dec 14, 2020 5:28pm
Lol , got a double negative there . But I agree that a take over would not be in our best interests. Considering the institutional support behind PGM , we are on to something.