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Bullboard - Stock Discussion Forum Bravo Gold Corp V.BVG

A mineral exploration company

TSXV:BVG - Post Discussion

Bravo Gold Corp > could kinross take us out at this price
View:
Post by Rothstein11 on Jan 22, 2009 2:36pm

could kinross take us out at this price

or anybody else.i think that is very good posiblity,with all the drilling numbers out anybody with good geologists can figure out the reserves.any thoughts.tia
Comment by chux02 on Jan 22, 2009 3:00pm
Didn't Bravo management approve a shareholders rights plan that would all but prevent that a few months ago?? They were thinking about such a possibility as a hostile take-over though this is the first time I've heard Kinross mentioned specifically. Maybe someone could enlighten us about that....
Comment by robbie25 on Jan 22, 2009 3:22pm
I doubt anyone will be taking over anyone until a 43-101 comes out.....I'm not a geologist, but I have a basic knowledge of it, and I'm quite certain that you can't just read assay results and come up with resource estimantes......there is much, much more information needed then what is released in an assay to complete the whole picture....Anyways guys, patience is key, I would imagine ...more  
Comment by chux02 on Jan 22, 2009 5:10pm
From the November 10th news release:Shareholder Rights PlanThe Company has adopteda Shareholder Rights Plan (“Rights Plan”).  The objectives of theRights Plan are to ensure, to the extent possible, that allShareholders are treated equally and fairly in connection with anytake-over bid or similar proposal to acquire common shares of theCorporation.  Take-over bids may be structured in ...more  
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