RE: I'm All For ItYes, absolutely. I'll take $113 milllion (after the overallotment) for a measly 9 million shares in a heartbeat.
Per talking with the company, this is exactly the amount it will take to get BYP, GC, and Silvertip into production. Plus, they still have $125+ million of cash for additional acquisitions, and are anticipating another $100+ million of cash flow in 2011 at current metals prices.
Sitting on depreciating cash is NOT the thing to do in this environment, buying PM assets IS!
And they are now expecting the GC mining permit ANY DAY NOW.
yoyo