OTCPK:IEMMF - Post by User
Post by
george2010on Jan 23, 2013 7:30pm
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Post# 20880777
Hoping for a higher bid
Hoping for a higher bid I really hope you guys get a higher bid from FM.
With all the dumb stuff a mining investor has to put up with, the last thing you guys should have to worry about is management's true motives behind recommending rejection of a bid.
I read today that IMG is reducing it's Mali exploration activity, which took the stock down very hard; I was considering the stock. I almost got back into AEM last year when they suspended their activity with their Goldex mine... narrowly missing a 40% (from memory) plunge.
I think if a miner gets a takeover bid, management better be pretty sure there's something better on the way (near term) before rejecting it.
Good luck