GREY:OLEPF - Post by User
Comment by
tony1969on Apr 18, 2013 8:27am
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Post# 21269253
RE: RE: RE: RE: RE: RE: Management is going to hav
RE: RE: RE: RE: RE: RE: Management is going to hav Huckleberry about the only thing I say has been obvious for the past couple of years is that someday OLE and TGZ will be one. I still stand by that but OLE will have to wait for a major to come by and scoop up TGZ then OLE at these depressed levels which could easily lead to a double if not more in both stocks. Unfortunately at this point OLE will have to wait. First you secure the mill then you secure the ounces. What buyer will spend $500 million on a mill when there is one already there. I always thought that TGZ would be the logical buyer and it was until the deal fell through. Now they are basically taken out of the equation because of their own share price and the fact that OLE will not sell cheap. They will eventually lower their expectations.