GREY:TRIAF - Post by User
Comment by
shambano1on Jul 05, 2013 4:07pm
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Post# 21591686
RE:Expect at least $4.75
RE:Expect at least $4.75I would expect that the buyer they are negotiating with is serious and maybe they are waiting on a couple more drill results. I'm not up-to-date on what they are currently drilling but a few more results will convince the buyer that they have great properties, all 3 core areas.
It's too bad this market is so un-speculative, otherwise our SP would be over 3 if not 3.50 in a normal market but everyone is scared out of their pants about buying commodity stocks that the company was forced to put itself on the block just to realize some value for it's shareholders.
you have to wonder how many more juniors are going to be doing the same thing?
NGL just announced a sales process and the SP went up.
anybody know of other good quality juniors that are trading way under NAV?
cheers and have a great weekend everyone and please DYODD