GREY:ICMTF - Post by User
Post by
sccool50on Sep 14, 2012 7:15am
661 Views
Post# 20361817
Don't take discounted offer lying down
Don't take discounted offer lying down Pull your ask from the market, given that Western Mining Group Co has to go to the market to acquire 66-2/3% of the shares they need to acquire a boat load of stock to make this deal stick. That's 78.4 million shares. Well I have been monitoring the buyers and noticed yesterday they have started to pick up shares. If we the 99% do not lie down and allow them to acquire this company on the cheap they will be forced to pay more, IMHO. They want to close this deal and know they got it on the cheap, time is not in their favour.
Ultimately with the rising price of gold we will get the asking price or better. They will get scared and bid up the price as they know if they wait the price will rise. Individually we are bugs, but using the power of internet we can collectively force the company to pay more by holding back our shares. Since the sale date of Aug 27 total shares traded as of yesterday was 14,799,532 with only a fraction of that to Western Mining Group. Together we have a voice, so vote to hold back your shares and IMHO watch the shares rise in price.