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Channel Resources Ltd V.CHU



TSXV:CHU - Post by User

Comment by teeveeon Apr 27, 2011 10:35am
351 Views
Post# 18494021

RE: RE: RE: massive system

RE: RE: RE: massive system""i don`t see a takeover at such prices. because that woulöd never get the shareholders approval, but a buy in for example 20% of the comany by IAMGOLD/KINROSS/BARRICK (which had great earnings out today by the way)
at a premium to market price.""
That is THE LAST option as it prevents a minimum of at least two bidders when this camp is consolidated. If this company is locked up via a placement by a major, I would be gone in a heartbeat. 
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