OTCPK:GMNFF - Post by User
Post by
paljoeyon Nov 24, 2008 7:09pm
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Post# 15607577
$110 million in cash makes inviting takeover
$110 million in cash makes inviting takeoverLots of good companies with good projects looking for financing but cant get it.
Why not make an all-stock takeover of Gobi for $2/share , which gets them $1.50/share in cash plus 5-6 other advanced projects.
Better than a PP and no interest charges.
Seems a great way to raise money and Alexis needs it.