Gold Canyon Resources Inc V.GCU

Price

[STE15165]

If this is a potential takeover target why doesn't the company that wants us start scooping up some shares at these prices.

[Geospot]

Maybe they are...

[booyaaca]

Geo that would be pretty bad if they are....a 100% premium of current price would bring us to the .90 range....I wouldn't be calling that a good offer

[Geospot]

I would think that in a situation like this, where the sp has been cratered by redemptions forcing a fund into desperation selling to raise cash, that conventional notions about premiums go out the window. Even a good discount to a reasonable per oz in the ground price could make an acquirer look like a hero to his shareholders as this is still being considered one of the premium properties in

[diabase1]

Pre-feasibilty on the REE mid 2013!!