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Sulliden Gold Corporation Ltd T.SUE.WT



TSX:SUE.WT - Post by User

Post by Corcovadoon Oct 14, 2007 10:30pm
261 Views
Post# 13570142

The Choice is Obvious

The Choice is Obvious
The Choice is Obvious
NumberActionOutcome Resulting ChartChoice
1Accept the offerJoin CMM and prosper. There will be an initial pop and then a sell off by all the disenchanted shareholders of both SUE and CMM. Then we'll be off to 2 bucks and beyond
2Reject the offerRisk a hostile takeover at what price?
3Reject the offerCMM walks and leaves the litigation in Algamarca's hands. This will cripple SUE's share price and don't for a second think that Algamarca will bail at that point. All the legal cards are in their favor and they'll have 3 million dollars of CMM cash to carry on the fight. Who would take SUE management seriously after they blew a chance at prosperity?
4Counter the offerRisk having CMM walk because the price is too high. It's too high already!
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