GREY:LCPRF - Post by User
Comment by
yopeace12on Jul 19, 2012 4:28pm
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Post# 20132690
RE: RE: news release
RE: RE: news release There is never a situation when you can't lose. The government could take nationalize this company tomorrow, as unlikely as that may be. However, I do agree with you that a joint venture is likely and unless management is offered a ridiculous premium, >$20/share, probably the most likely. However, management has historically not been in the business of developing a mine so they may just sell out despite the "artificially low" stock price. Also, its not like a joint venture would necessarily cause an immediate doubling of the stock price.