RE:TAKEOVER Well isn't that just rich.....now we have Phil playing investment banker - badly.
Yes, this is the same Phil that magically and self- servingly assigns a $25 per ounce M&I value; says with a straight face there's no M&I valuation difference between a fully permitted developer and an unpermitted one; says he only believes what he reads in press releases in terms of M&I ounces - completely ignoring that good "research" and "due diligence" encompasses much more that that, ie studying the company, its corporate presentations, listening to managment's presentations, actually speaking with management etc etc. But hey, why bother doing that ? when all that it means is that Cohen would have to pay up for Kobada.
And this is the same Phil that magically appears here on this board as "emissary" a week or so ago out of nowhere from the RBX board...and why ? Because he knows that Cohen is circling (either actually or in his dreams), with Phil in his stilted style making all sorts of obtuse references to Fairchild (Cohen's Luxembourg investmentco), asking questions he already knows the answer to and purporting to "help" us AGG shareholders, with the gift of his extensive M&A experience, make the right decision in accepting a lowball bid from Cohen for RBX paper, all because there are no other options.
The only problem is that Fairchild is, in my view, a chump when it comes to jr. mining M&A. Like really, really bad. And doesn't realize it is being used as a patsy to get other serious players that are around the AGG financing or M&A table to make their move. It's the old saying, when you don't know who the stooge is around the poker table, then chances are it's probably you Fairchild...
Like I have warned before, much like "beware of Greeks bearing gifts", beware of Phil the Pill bearing "pearls" of wisdom...go back to where you have come from : your greener RBX pastures with its huge mineral resources and reserves; you are exposed, you and those of your ilk with your ulterior motives are not welcome here, nor for that matter, have you even been invited.
appears from over on the RBX board because he knows that Cohen covets Kobada amd wants to make a bid, but