Post by
ETalien on Jun 21, 2023 10:39am
Pure Energy Minerals Ltd IMO will be bought out by ALB!
PE property is surrounds ALB and if they don't by them out, some other company else will and they will be at ALB door step! A competitor! ALB better hurry, IMO!
Comment by
cyber37 on Jun 21, 2023 9:49pm
Sure, a take-over/buy-out is a possibility but IMHO company is planning a sizable equity issue and it would be nice to have a good reference price. With only 33 million shares out 10 more at say ….$2 would go a long way to make PE cash rich & still have low float. On the other hand if ALB is willing to pay more; my shares are in. G37
Comment by
ETalien on Jun 23, 2023 9:01am
Not bad outlook and yes, I do believe something is definitely afoot. I would love to see a buyout from ALB, if one takes a look at their property, PE encases ALB and if one other company should decide to BUYOUT PE, I'm sure ALB would not be too happy!