Poison pill in placeManagement was smart putting a Poison Pill in place as this company had a big buyout bulls eye painted on it.
Now the offers have to be serious and have to be on the generally accepted value of its deposit. No games with unsolicited buyout.
Was invested in Pioneer Metals last year and got bought out at 1.00 a share from an original 0.17. What sucked was the property was actuially worth double that. We were not even offered shares, it was strictly a cash buyout.
This wont happen here. Exceptional grades, good infrastructure, and a friendly mining environment. All playing into our hands.
Regards;
GROG