RE: RIC ?Personally I see about a 0% chance of RIC trying to buy back MOA's 50%.
This is a major MOA asset and MOA shareholders would have to vote to accept any offer. At this point I would expect MOA's management to say "Go Away; not interested" as whatever they offered would, at this point, be far below the blue sky potential now being presented to the shareholders of MOA.
I see MOA holding their 50% for a long time to come all the while building it's value through adding extra Leprechaun Pond 43-101 OZ's and perhaps a couple additional Open Pit Deposits further along strike; until one day some biggy(much bigger that RIC) comes along to try and grab 100% by taking over both MAR Gold and MOA at the same time. VLake could end up being a multi million OZ property so no need to sell out on the cheap.
At this point I also see no chance of VLake being rolled into MAR Gold. MOA is going to be the stronger of the 2 companies come November when MAR Gold, with it's 50% of VL, gets spun out from MAR PMG. I would even go so far as to say that if there was to be a consolidation that MAR Gold being rolled into MOA makes more sense to me. MOA has a long history in Newfoundland and is in fact focused there with 3 major property assets. In my opinion, they are the better ones to hold 100% while the biggies decide if they want to take over the show...C.Gert