SILENT PERIOD: BUYOUT NEGOTIATIONSHello Everyone,
Awhile back I posted that GC was interested in EVG at buyout price of $ 2.75.
Both parties are waiting for 43-101 report which will be a blockbuster.
Market expecting 2 million resources, numbers will be closer to 3 million resources.
Similiar companies are trading at market caps of $ 750 million to $ 900 million for same resources.
We are trading at $ 96 million, so a 10x increase in price is possible, hence why GC wants buyout at $ 2.75
JMHO