RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:MSD Podcast I do recall when WRN made that purchase, the control of the access was mentioned and somewhat of a surprise that we somehow pulled a "fast-one" over others who might have also wanted that property. We timed-it right... why I said a checkmate move... whatever their motive, it should be good ground too...
I'm not sure about accommodating others such as Newmont. We were apparently talking to Rio behind the scenes for a year or more. And the stock was stuck under a dollar the whole time. It was very frustrating and we patiently waited. Management came through and announced something, finally. Nothing definitive has ever been mentioned about any other talks.
If WRN is concerned about our share price being too low to bring in an offer closer to what they value the company at, perhaps it's time to start enlightening the market as to who else is in the mix or at least that there are others besides Rio. Paul's recent interview was less enthusiastic. I'm not sure how that tactic moves the share price higher. Perhaps he was just tired that day. But he has not really said much new in some time, almost like we are in a non-disclosure-period, again. Something should be coming... I certainly would not be short this company.