RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Yesterday’s press release It's going to be based on a premium of maybe 40-50% of the stock price at the time the company is acquired. I don't know how anyone could be positive that has held this stock from the beginning. I've purchased at multiple times (including at $1.85 US) and after 7 years it's still miraculously under $1.
No matter what happens, if you held the S&P 500 index fund, and took WAY less risk over those 7 years, you would have made more money than whatever happens here. And again, it's got nothing to do with the asset itself and nothing to do with the gold market or the junior gold market.
I hope I'm wrong and the company gets bought out for $5-$10 bucks and we meet or exceed the S&P for all that risk. But it feels like a pipe dream at this point and the only explanation is mismanagement.
Personally, I would gladly vote yes for any offer over $3 just to get out of this stock and put more money in my uranium holdings, which are far more promising.