TSXV:NORA.H - Post by User
Post by
tommygavinon Jan 26, 2012 10:43pm
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Post# 19455567
Greg McCoach.....
Greg McCoach..... I don,t know if he is the expert or not on Orko...but at the BC resource investment conference..he stated. Pan American will have no interest in orko after April 14. if they don,t deliver the study ,they will lose their 55 %% interest and the 60 million dollars they spent so far.He was also of the opinion that Ok should be worth 5 bucks a share...but didn,t think Pass wopuld pay that much ... Myself if I were Pan American I would think a offer of 2.40 would be plenty.thats about 50 % more than its trading now.I hold OK ,so I would like at least 4 dollars,but I believe nobody would pay that unless they get the whole 100 %. Time will tell...and you would think that Pass would have this all done by now, 60 million is alot of money for anyone or company.