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Abitibi Royalties Inc V.RZZ


Primary Symbol: ATBYF

Abitibi Royalties Inc is engaged in the business of acquiring, exploring, evaluating, and promoting its mineral properties and other projects. The company aims to build a royalty company with a focus on the Canadian Malartic mine.


OTCQX:ATBYF - Post by User

Bullboard Posts
Post by fc11on Sep 21, 2012 1:51pm
277 Views
Post# 20396860

buyout price

buyout price

Since Sean Rosen acknowledged RZZ as having a 1.2M oz (imminently) minable resource, he would have to pay at least $500M. Longer wait means higher price, for sure. It is just a matter of days/weeks/months until this acknowledgement is made public in the press so everybody can read it.

I won't be surprised to see this stock at $20 overnight, then eventually the company acquired for $50+/share.

We are talking a 20 bagger here, potentially a 50 bagger.

Show me a better (and more sure) bargain on earth at this moment.

 

Bullboard Posts