Typical takeoutis 30 to 40 % about average trading of the past so many days. 30% to 40% of $3.50 is say $1.05 to $1.40 more. If David new of a great futur for Teranga and wanted to go it alone a buy out might be in the cards afterall he does already own 20% of the company. One must look at the pro's and con's of a private or public gold mine and i would believe a public company has many more benefits. Looking for $3.74 soon