PINL:VLTAF - Post by User
Comment by
gold_diggers1on Aug 09, 2012 12:05am
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Post# 20197044
RE: Endeavour on a buying spree
RE: Endeavour on a buying spree ALLEN4, don't get me wrong... I am a long strong believer of VTR as the story will play out eventually.... But when I said it was dreaming - it's not because VTR does not deserve more than $2.00/share, it's because of current market conditions AND no one will come with a more than 200% premium to take over VTR right now..... I have not heard of that kind of premium in a takeover?! Please see my previous post (link below) for more details where I did take that $389mil to do the maths.
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https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=31356362&l=0&r=0&s=VTR&t=LIST
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I would be more than happy to take the $5/share as mentioned at the PDAC by EDV?! But right now, it's dreaming..... but down the road as Kiaka project gets developed and built, $5/share may not be appropriate.
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GLTA