RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Buyers "Also, I didn’t say the market cap is reflecting of the the value of Laurion. I have actually said the opposite in the past. My comment was that $30/share is 85 x the market cap. And I stand by the comment. If Barrick was to pay that now, every headline would mention it and questions would be asked. Especially without a 43-101."
Another totally silly statement.
Nobody with any sense would pay the slightest attention to the market cap in a situation like this, and, furthermore, in the PR that would be released by Barrick announcing the buy out they would explain why they they are paying that amount in sufficient detail so that it would be quite obvious that the market cap is meaningless.
If any headline mentions it, it would be to point out the fact that, up to that point, the shares would have been selling at, what was in retrospect, a bargain price.
Also, you are being less than honest.
You indicated that you would think that the CEO would need to get his head examined-that sure suggests that you thought that the market cap was relevant to value.