This scenerio is stressful This situation is looking the saame as when EB bought Ventana, early on came into Ven with a bagfull of cash and bought 9.9% of Vens value with full support on management, and then the volitility started, I believe Ven 52 week high was around 12,80 and was then discounted to lows of 6.00 to 8.00 in the following 1 1/2 years while ven's drilling was discovering rich holes as Gwy is finding, while this was going on EB was buying quietly as he was nnot considered a insider, I am not sure what he had increased his holdings to when he put in his first off of 12.60 (approx) a increase of 33%, it was in all the biz news, shareholders rejected this attempt, I remember getting at least 2 phone calls trying to get a yes, the 2nd attempt was pennies lower and we were informed that it was approved to our dismay, a short time later EB boasted about his great purchase annd stated that Ven management didn't know what Ven was really worth.
We seem to be going through the same type of conditions IMO where the SP is capped and possibly EB is buying up shares at a cheap undervalue and not noticed possibly under several names.
Some questions: where and when is the rescheduled AGM, now under the category of special, has anyone heard anything about the details, I thought the meeting had to be within 60 days with 2 weeks notification making that within 3 weeks from now.
I see that CGJ held their .87 SP today on 109,000 volume dead even with GWY.
Maybe MELONE can help us out with some hard facts about his repeated call on a sellout of 5.13 to 5.20 with spin off, or was that a pump.
Some of previous posts are to say the least scary, but not realistic IMO, but we have to accept that the offer will be undervalued based on our extreme low average for the last two months.
If the above happens we will have to stand strong and not accept, and hope that Sprott and the other majors don't cave either.
I have not had this exposure before, maybe Schiff, Melone or others have some thoughts to add for the shareholders
$HAWK