PINL:VLTAF - Post by User
Comment by
gold_diggers1on Jul 10, 2012 10:53pm
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Post# 20100600
RE: juniors from perspective of majors
RE: juniors from perspective of majors If a major comes around offering 50% premium on VTR, then it's only $.90.... wow, what a bargain when you are down and out?!
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And if a major waits until VTR hits $.30, taking out with 50% premium costs them only $.45 - $.50/share.... which is even better. But they should not wait for too long since if Kiaka South turns out to be a game changer, then it will cost the majors more to take over VTR.....
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GLTA