GREY:OLEPF - Post by User
Post by
Riffdocon Dec 05, 2011 12:34pm
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Post# 19292473
Re: Not too many options left
Re: Not too many options leftI can understand the frustration after 6 years very much like the rest of you but I feel Top and Tony you are really underestimating the price of this concession. The SP i do not believe will reflect the B/O price. There is still from my sources interested parties in serious discussion. I have not given up on December 2011. When the POG and the ounces we have proven plus blue sky there is no way Chet will sell this cheap. I hope he doesn't. Many of us have waited too long for this to go for $1.50-$2.00 a share. The mine issue leads me to believe it will be sold sooner than later. Maybe someone is looking to take out Teranga and Ole which would be a wise long term plan for one of the majors. But I still look at ounces, potential and POG and $4.-$5 looks much more realistic.
Riffdoc