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Bullboard - Stock Discussion Forum Sunward Resources Ltd V.SWD

TSXV:SWD - Post Discussion

Sunward Resources Ltd > another Danny D bought out
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Post by bullchart on Apr 23, 2015 10:13am

another Danny D bought out

Very quiet here on this 80% MOVE today. . another cash rich one proves there is still hope for beaten up cash rich resource stocks.
Comment by theisnl on Apr 23, 2015 10:17am
WHY IS THE SP STUCK AT AROUND $0.16 WHEN OFFER IS VALUED AT $0.23 -- THANKS -- Based on the Wednesday closing price for NovaCopper, the offer is worth 22.8 cents Cdn -- ALSO NCQSHDRS DON'T SEEM TO LIKE THE DEAL.
Comment by bullchart on Apr 23, 2015 10:31am
appears that way but expect some are playing their cards close. We will see what the end Of the day shows on e they realize the cash infusion they are getting compared to a little dilution.
Comment by astrorbit on Apr 23, 2015 8:44pm
4.63 million ounces +6million ounces(inferred) +copper Nov 2014 cash 21.5million cash. All share deal. Not exactly a premium.
Comment by rumourmill on Apr 28, 2015 3:43pm
Should be trading at 21 cents with NCQ at 68 cents.
Comment by yoshka2000 on Jun 02, 2015 1:17am
Now the takeover is done with, all they have to do is get rid of the deadwood and make plans like Roxygold ROG. and start a mine. Can't see much happening except more drilling and try to increase the ounces which could take a few more months,anyone?
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