RE: RE: RE: NO, not at this priceSo, gcelmainis, if I understand correctly, your reasoning goes like this.
You keep your SST shares in the hope of a higher bid (SLW or someone else) which is an event you don't believe it will happen. At the same time you are also convinced SST will go back to $1 if the deal does not go through.
Is this sound investing?
I doubt it.
I own my shares because SST is very undervalued. And I also explained why, just read this forum around the date the deal was announced if you are interested to read about serious arguments given by many shareholders (including me).
It also appears that SLW took notice of this undervaluation and promptly offered to buy SST.
Keep in mind that in this financial environment there are many opportunities to strike deals for a company like SLW but, you know what, they decided to buy SST.
In buying SST they are simply buying silver streams.
So ... isn't it that SST price is even lower then today's replacement value of the silver streams SST holds?
You bet.
And this is just another way to understand how low is the price offered and why we should reject the offer.
I like SLW, and I'll be happy to become a shareholder of SLW, but not at this price.