GREY:OLEPF - Post by User
Post by
tony1969on Feb 06, 2013 10:54am
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Post# 20946128
Guys check out my post from last night at 9:57....
Guys check out my post from last night at 9:57.... I now believe that TGZ can buy OLE. Do you guys think my assumptions as far as financing are correct? TGZ will control millions of ounces of high grade gold if they are able to buy OLE. This would allow them to secure a decent size loan in order to buy OLE will lots of cash and some TGZ stock.
I am going back and forth in my speculation here (IAG still being my favorite) but after careful analysis last night I believe that if both TGZ and OLE give in a bit they can hammer out a deal that will be beneficial to both parties. I do think Chet and company would take $1.50 per share (in cash or stock or both) especially if it comes from TGZ because of their proximity and the ability to have a quick ramp up to production. They can create value pretty quickly by combining. Comments?