NYSEAM:SVLC - Post by User
Post by
Skateron Aug 22, 2012 1:29pm
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Post# 20247595
Buyout timing
Buyout timing The NYSE listing was not expected so at worst its neutral, at best it adds value. I see it as a non-issue.
The bigger question is when (not if IMO) SVL gets bought out. You have a management team that appears to be in their 50's, maybe early 60's holding about 2-3 mil shares each. I think if someone came along sooner than later with a $6-8 offer the boys would happily ride off on their yachts with $20 mil in the bank. May not be in the next 1-2 years but I don't see it going much more than that. Wishful thinking?? Time will tell.
Should have more drill results out in the next couple of weeks, production numbers in early Oct, Q3 financials in November, 43-101 by year end. Steady flow of news. GLTA
Skater