TSX:SGR.UN - Post by User
Comment by
JimKon Oct 22, 2008 2:16pm
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Post# 15540772
RE: RE: RE: HIGH GRADE AFTER HIGH GRADE SPELLS
RE: RE: RE: HIGH GRADE AFTER HIGH GRADE SPELLS I also agree. I would prefer to see any take over delayed. Anyone who bought and held near the $2.25 52 week high would be hurt by a take over as any premium paid would in no way come near to compensating them.
Even a generous 50% premium based on $0.80 share price would only get you $1.20 per share. A bounce back in gold before any take over is the best scenario...at least in my view. I was lucky to have sold much higher before the turmoil and yesterday and today re-entered with a larger position so I hope to be well positioned either way.
Regards to all
Jim