RE: underwhelmed I amLet's not forget that, giving the New Virginia a value of Zero, still gives us a floor of $9.87 for our present VIA shares which, even after the great moves of the last few days, closed at $8.30 on Friday. Not bad for a junior exploration.
Also, the $1.23 was calculated based on the
present assets of the "New Virginia". Some more positive drill results in those other areas and these assets can very quickly be worth a whole lot more.
I also believe that Goldcorp (and others?) are paying close attention to what's happening on those area plays.
Any opinion on that, Tradergod?
AND, then there's the scenario of another suitor!! I have a feeling this is not quite over yet.
Finally, I see the buyers eating through those Asks @ $10.30. Methinks others might be optomistic, too.
PIB