PINL:VLTAF - Post by User
Comment by
ALLEN4on Mar 27, 2013 9:41pm
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Post# 21178084
RE: Big Question...
RE: Big Question... Good point ashcake. I think this release basically means they are going to aggressively sell Gaoua. One buyer that I think would be a good match is Nevsun, which is transitioning from being primarily gold producer to copper producer, and they certainly have a base in West Africa and experience with both gold and copper production, and they have significant cash in the bank - I think close to 400 million, and have given hints looking at acquisitions. I agree that this news release in and of itself probabily won't do anything, but when we sell Gaoua, probably for more than our current market cap - watch the share price fly!