Post by
monsieur46 on Dec 06, 2005 7:13pm
WHO'S BUYING ?
I can tell you RETAIL is selling like crazy while INSTITUTIONS are buying everything ...... Why ? Big INSTITUTIONS are valuing that VIA is worth a little more than 10.30$/share . Let alone if a new bidder appears ..... My friends are asking me what should they do with their shares ,after listening to me , they sell like there is no tomorrow even after I told them that I still keep my shares for a higher bid or only to get my Goldcorp shares + my new VIA shares . And you know what ? They all want to get a penny stock to buy in the Eléonore area . Last January , when I bought SOI at 10 cents per share no one took my advice they had enough speculation with VIA . Let me put it to you this way : new VIA.B is worth a lot more to me than any of Eléonore neighbours including SOI . I remember a conversation with André & Paul in June 2004 , so a long time ago , they said at that time that they have to do their homework once again because they now know what to look for or they could have overlooked some anomalies ..... To resume , they know what to look for more than ever and I will follow them for the next few years !!!!!
Comment by
ybellemare on Dec 07, 2005 10:55am
Good article on LA PRESSE this morning.
About the price of Golcorp, they pay a dividend of 1.5 centUS/month. Can somebody confirm. I think that the price of the shares of New Virginia will be a lot higher whath is on the book..
yb
Comment by
flayer on Dec 07, 2005 11:11am
volumes are huge / price is firm - the market thinks a superior bid is coming. Holding onto the bulk of my position.....this could get better, real quick.
Comment by
monsieur46 on Dec 07, 2005 10:28am
Unfortunately , I guess It won't be before February when the deal closes ..... BTW someone on this board said that Glamis could be a suitor for Eléonore and it is quite possible . I noticed GLG moving much higher than his peers over the last few days ...... same pattern happened with Goldcorp last week ..... maybe just a coincidence but it is meaningfull when you pay with your SHARES !!!!
Comment by
ChuLai70 on Dec 07, 2005 11:02am
For anyone who may not be aware, Goldcorp also owns a majority stake in Silver Wheaton (SLW) which is a unique royalty play on silver. Silver Wheaton has a major position in Bear Creek (BCM.V), one of Catherine McLeod-Seltzer and David Lowell's ventures which is working a major silver discovery in Peru. I don't think Andre could have found a more attractive partner than Goldcorp.