RE: RE: RE: RE: RE: Consolodation in the u sector bob, thankyou for your response. While i agree with Mr. Sherriff that .20 is fair valuation for TU(in this market) i am not quite able to understand where the 60 cent valuation comes from? Is that not the price that the ipo was pulled at(at a higher gold price)? Is the boss gonna backstop that 60 cent valuation with his own money?
60 cents would be nice but I'll believe it when i see it. As far as i'm concerned with the cash and now nexgen shares tigris brings to the table, anything less than 45 cents is a borderline robbery. Could have easily divvied up 15 cents a shares to shareholders with cash alone before all this reverse takeover stuff began. This is a takeover, not a merger, 30 cents would be unacceptable. We'll see what transpires, hope i'm eating crow