GREY:BYVVF - Post by User
Comment by
MCStoneon Jun 15, 2012 7:48pm
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Post# 20020384
RE: RE: RE: 5X Average Volume
RE: RE: RE: 5X Average Volume Judging by the interviews with the CEO of byv, it really seems like a buyout is the ultimate endstate that everyone is looking for. He's pretty forward about it actually, by stating that they are purely exploratory and simply looking for someone to write them a check. I would like to see the miners start to pick up as a sector(which i think is very possible from here). If we can get a little more faith back into the gold sector as a whole, RR and byv, could really begin to recover. If we can see the .40s or .50s again on byv, all it would take is a another great round of drill assays, and we'd be safely back into the .70s in no time- a buyout from there would be great. But more realistically, we could just end up seeing gold trade sideways through the summer, perhaps a few nice hits to bring us into the low .50s, and maybe a buyout somewhere around there as well. I would like to point out that byv was in fact offered a buyout by RR some time ago, but supposedly byv wasnt willing to take it because RR was really low balling on the offer. No question they want it, and frankly, I can't seem to understand how a much larger company wouldn't be drooling over the idea of buying both RR and BYV.... Bleh.