RE:RE:RE:MTS MARK IT DOWN WE SHOULD BE TRADING SOLID SUPPORT MID @50'MW - My best past returns on junior explorers were with Kaminak and Teuton. Got in for a few pennies ... sold for dollars. Also had some other buyouts at good premiums.
With Metallis, I think a buyout will be fairly easy because it’s basically one project - Kirkham. While easy, I think a suitor will have to pay big because Metallis has a low share float and is tightly held. My guess is that before any buyout Metallis will report deep drill hole(s) with eye-popping numbers ... and we’ll achieve liftoff quickly. Then, when a buyout offer comes, it will be at a big premium. While a suitor could try a hostile takeover, I think insiders and shareholders will say no to any low-ball offers. Most here understand the magnitude of the opportunity.
Disclosure: I own shares of Metallis, just my opinions and I’m nuts for speculating in junior explorers, not investment advice.