GREY:BYVVF - Post by User
Comment by
carinthianon Jul 22, 2013 10:00am
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Post# 21621503
RE:RE:RE:Opportunities don't last forever
RE:RE:RE:Opportunities don't last foreverHi FrankSmart,
I pushed the quote button and did not copy your post. I am not worried about getting my money back. This is the game and I did know the rulse before buying.
Due to their latest presentation there are 2mio in the Treasury which in my understanding is enough to survive 6-12 month and do a little work on the ground but not nearly anything that could fund "extensice" drilling. Just my opinion.
I strongly believe BYV will be taken out but the question is when and at what price? And just to get that clear I did average down but nevertheless it is not guaranteed that the takeover bid will be high enough to equal that.
So I am optimistic too that there will be a takeover but - don't get me wrong - your posts draw a picture this is immanent which is far from certain in my personal opinion.
br&DYODD
carinthian