RE: RE: RE: Valuation 50.5 cents If I were a major, I would be looking at Canaco closely. If I were them, I'd throw a full stock deal at Canaco significantly higher than the current level and take this down hostile style! As you mentioned, investors have little faith in management, which means agreeing for the new management, and given a premium on the current share price sounds like a no brainer.
No offense, but that will never happen. A major wouldn't go through all the headaches to aquire a junior just for its cash. Majors want near surface, multi-million ounce reserves.