GREY:NEVDQ - Post by User
Comment by
tire9on Dec 11, 2010 2:58am
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Post# 17833077
RE: RE: Even stink bids get filled
RE: RE: Even stink bids get filledMaybe Capstone and the other institutional investors have been of divesting NCU shares because the directors of the company (NCU) let another grabber company gain to much control and force a low-ball merger of some kind. Exploration companies are supposed to develop a deposit to a proven stage then sell to the highest bidder. Not merge with a hostile low paying group.
The directors of the NCU should be held accountable if this is true.
My opinion only, seek safe harbour.