RE: Now it's smelling like a buyout!I'll stick with my view of a JV or off-take agreement, very possibly with the Chinese. Word on the permit may have been leaked within the "pros", though officials in Colorado are less likely to play that game than scumbags in New York or Washington who have their hands in every till.
Despite a permit approval there will be appeals. If I were a potential buyer of EFR, I would wait for the all the legal issues to be resolved before committing a big chunk of my shareholders money. Let EFR shareholders pay for all that. Sure, it might cost a bit more down the line, but I sure wouldn't want to commit to buying and then have to take on a 1 or 2 year legal battle if that is what develops.
From EFR insiders view, why let somebody buy me out for pennies when they've worked so long and hard to get here. Remember, these people have operated mines before, they aren't Vancouver pump and dump artists.
Just my view. However, if a buyout were coming, I'd be really upset if it wasn't at least 2.50-3.00 for the time I've had money tied up here.