TSXV:NORA.H - Post by User
Comment by
blue_seaon May 04, 2011 1:53pm
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Post# 18529948
RE: RE: RE: RE: Showing Strength!
RE: RE: RE: RE: Showing Strength!Hi flymar,
so I'm in since
.62 :) ... so I can have nerves and patience. This game will stop soon. Perhaps this is the final trial to bring this stock down or hold it down in the $2.50 range. I don't know, I don't care much.
But what I think about is that PAA has missed the opportunity for a cheap buyout of Orko. So with silve at these or future levels PAA could prefer the 55% / 45 % status and so Orko will be a explorer without costs :))) ... also a very good deal for me. The hot money will leave but serious investors will buy in in any case.
Orko is in a win win situation, that's the fact and PAA is in a blue funk that a third party could give out an offer for a takeover. As long as the PEA is not on the table they still have time to think about how to mangage the situation with silver on the rise. Finally all will be expensive for Pan American Silver.
Orko always have the opportunity to blow off the deal with PAA for 8 million bucks and shake hands with another company for a takover.