GREY:OLEPF - Post by User
Comment by
Goldfatheron Jun 16, 2011 6:34pm
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Post# 18726356
Ownweship
Ownweship not sure how much the current sp has w/ a B/O price. Its the Ownership Issue thats holding it Back w/ the Majors.
Ole is now Old News. Mgmt wont Promote it for some reason. But regardless, when saudis and Chet decide to change the ownership % so a Major can buy the Majority Position, we'll get a b/o. Majors wont deal w/ a minority position w/ a wild card Saudi owner. hopefully thats wahst chets doing now re the 87% Bendon NR comment. Sell a 57 % postiion to IamGold ? for $1.2 bil ?... Until then sp will suffer.