GREY:HRIVF - Post by User
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December3on Nov 02, 2012 3:52pm
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Post# 20556740
RE: RE: RE: RE: Crew Gold Review
RE: RE: RE: RE: Crew Gold Review SEE THERE! Right there, that is how it is done. The Crew Gold scr*w job! Right there before your very eyes is the evidence of how things go in this situation. Forget "hope" and forget the David versus Goliath stories. This is how the this deal will end - a "deal" with a key shareholder.
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Who knows who the shareholder will be that puts Nord over the top? Nord just needs to get closer with the existing offer. Shoot, never forget what Barrick did to Nova Gold as a model of what could happen here - Nord could get to the deadline, see it doesn't have enough shares and make a new offer and extend the time to tender. Per Canadian Regulations - there is no time limit nor limit to the number of "do overs" that Nord can do - they can keep extending the offers and deadlines for 6 months [like Barrick did] or extend things even longer. No rules against that!
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Why is it that so many fail to "see" what happened in the past - is likely the way things will go in the future!
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Good luck to us - hopefully Chris C can cobble together enough support to wring some extra cash out of Nord. We'll see....