The General KnowsThis is a nice run but nobody really knows what is going to happen. I had no idea that DSA was going to be taken out last year but enjoyed that run. Other rock chipper take outs that I have held were surprises as well. I personally think 12.oo is way to low for a QMI take out.
Currently, if you speculate AEM, they do not have the cash so then you are talking new issue.
I do know for a fact that QMI took out Vault for the Gauthier property because of the upper beaver strike running through. Page is talking conservative, which is what you want out of your President but when he drops the 20 mill OZ bomb on BNN commercials, is he the general that defied a king? The 20 mill OZ bomb is still there today on BNN commercials.
You must ask yourself, what is he really after? In February, Page was featured on b-tv and dropped the two oh bomb there as well
CLICK HERE to watch it.
It is my understanding that the cadillac break is world famous in the global mining industry. Like top 5 in the world kind of famous. When a terrific find is made in Africa, they compare it to cadillac, that is how famous it is. QMI must firm up it's OZ's but 12.oo is a steal. At 30.oo per share that is a 2.4 B takeout which only "starts" to give the qmi cadillac break world famous takeout status.
The summer of QMI!