RE:RE:RE:Don Durrett on MMG/AXUjimdines1234567 wrote: At what price is MMG fairly priced now, and or if they are taken out by AXU?
Let's assume with the upcoming assay results that will be published next week and this summer drill program's MMG can prove that they definitively have bulk tonnage deposits that contain several 20 million ounce targets to the east.
All opinions are welcome!
It's fun to speculate. AXU is the obvious suitor. It would be nice though if other mining companies were interested if and when silver prices really take off...as some exptect they will in the weeks and months ahead. If there is a real silver frenzy, the sky is the limit.
In a bidding war, shareholders just sit back and enjoy the ride. It's all gravy from then on... and the winning bidder's offer is anyone's guess. It happened to me once in a company I had invested in a number of years ago.
So, it all depends on the upcoming drill results....and the price of silver at the time of a possible takeover. I am going out on a limb here....but I'd be happy with $1.50 a share. Don't know how others on this message board feel about that price target.
Good luck to all longs. Time is on our side. I think we've got our money on the right horse.
Happy Easter everyone.
deet