RE:The most hilarious video on GOLD! I don`t believe there will be a takeover bid anytime soon. We don`t even have a PEA yet. So first of all NorthWest has to show that the combination Stardust / Kwanika can be profitable. I also don`t think that there will be a takeover bid after the release of the PEA, maybe after a PFS which will take another 12- 18 months.
The question is do we need a takeover bid to push the share price? I don`t think so.
If the PEA suprises people by the upside this project can have we probably see higher share prices. Also if they are able to combine Lorraine with Stardust / Kwanika should help a lot.
And even if, a takeover bid right now would not even close represent the value NorthWest has.
Any other opinions on this subject?