RE:RE:RE:Takeover offer musings...
Thanks, Quakes. With what you stated I think FCU still has a bit of money to do many shallow holes. Anyone have an idea of how much cash is in the bank? More problematic is the time factor before a bid would come in. Although, I think if a bid did come in management/ shareholders would want to see all the assays that are in the pipeline before making a decision. I would like a lot of fast drilling on 600w to fill up that pipeline.
With buyout, taxes, and receiving another company's shares - hard to make a call until I know what shares are being offered.