RE:RE:Eldorado takeover blue, One change I do see one change !
(Shares Outstanding 401.0M)
(Fully Diluted 465.2M)
With the number of Fully Diluted shares @ 465.2M I can see a share consolidation coming ?
I would rather take a share consolidation then a buy out at this stage. I would rather take a share consolidation and JV North Lamaque separately. (Eldorado is only a 15% shareholder in the company)
What we will see, after the PDAC / Gold Rush Challenge is a new focus on the Lamaque Deeps,, as it has been pointed out to me the Lamaque Deeps could become more valuable then Triangle Zone.
With the Sigma Lamaque North and South having the potential to hold 4 to 6 million oz of gold Integra could be worth over $800 m to $1,0 billion in time will not be giving away to Eldorado Gold for $200 m !
JV ing the Sigma Deeps will put a stop to a quick take out !
M2
Eldorado owns 59,825,977 and is up over $10 m on their Integra shares !