Rise your ask price to 3 dollars !! Sorry Hecla really low ball, you can get my shares at 3 dollars (actually a fair price would be 4 dollars, but I understand the markets are down these days and you want to make a profit too)
Blasutti and his RX deal - vote AGAINST, giving 30% of my equity for 8M dollas of debt, no bankable reserves and a hole flooded with toxic water, and no support of the community, not in the best interest of shareholders
Hecla and its 1.80 cash offer - vote AGAINST, are you kidding me? You guys used to own Galena, you know this offer is insulting low-ball
Nice comment from Otto at Inca Kola News (https://www.incakolanews.blogspot.ca/2012/07/hecla-hl-makes-111m-all-cash-hostile.html ):
"...This news (main NR here or if you prefer a Reuters gig here) is interesting on several levels. Firstly, a bigger fish in Hecla (HL) with a market cap of around $1.3Bn is making a $1.80/share cash bid (+29% Weds close) for a smaller fish (USA.to) at what looks like the right time for cash bids that add eventual equity value...as long as the market rebounds at least. Secondly, this offer clearly trumps the opportunistic-looking deal with RX Gold & Silver (RXE.v) and offers more value to beaten up/beaten down USA.to holders (disclosure, no personal position at this time but I have held USA.to previously). Thirdly, HL is taking a bit of a corporate gamble here, buying up a high cash cost producer that might not be profitable even now and would certainly start running at a loss if silver dropped just a few dollars more. Fourthly, we now have two sets of management teams fighting over an asset, which means that a bidding war is in the cards on this one. It's reasonable to assume that $1.80/share is a starting point."
Also comments from Gecko Research:
"We will however not sell our shares at this point as we want to wait and see what actions will be taken by the board of U.S. Silver as well as the larger shareholders (Sprott etc). U.S. Silver is at this point still a severly undervalued silver producer in what must be considered a very good juristiction and we would rather stick with the company for a longer period than this, especially with the metals looking to finally start to make a serious move soon.
We would at least hope for, and not be surprised if it would happen, a better bid from Hecla which would then be supported by the board and larger shareholders. "...