TSXV:NORA.H - Post by User
Comment by
carterZ21on Sep 02, 2011 9:05pm
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Post# 19008970
RE: RE: RE: The mystery of the disappearing ounces
RE: RE: RE: The mystery of the disappearing ouncesHi flymar,
Just a few thoughts to offer....
First, let's keep you away from your mailbox over the next while....it seems to generate some not so positive thoughts about OK
Secondly, the ex and new spouse scenario is scary....not going there !!
In all seriousness, I'm not overly concerned about low ball takeover offers/prices. Keep in mind, as noted in OK's most recent presenation that between PAAS and OK mangement they collectively own les than 20% of outstanding shares. 35-43% is owned by institutions (e.g., Sprott) and Goldcorp and the rest is retail.
My money bets that PAAS and OK management can collaborate all they want but at the end of the day they do not control a majority of the share. Sprott, Goldcorp and ourselves have a say and must ensure we get fair value otherwise lets send them back to the table. Hold onto your shares and wait for the reasonable offer.
Regards,
Carter