GREY:ESOFD - Post by User
Comment by
Solveron Oct 04, 2013 5:55pm
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Post# 21792744
RE:RE:RE:RE:RE:DILUTION
RE:RE:RE:RE:RE:DILUTION
The word is REASONABLE! No property on earth can be proven up to the last ounce?! There will always be a "little something" missed. And In fact that is the expectation of the buyer. Also nobody said that we shouldn't look at possible offers. BUT:
How dumb do you think managers of a large takeover company are? They are not threatened by pretend bids that do not exist. These are professional people that are going to spend a billion or two+....... and you can be sure that their information is going to be a lot better and more indepth than a pretend bid or somebody's imaginary valuations!!
They have to answer to their share holders with real information and genuine returns. We should expect the same thing from AMW/FCU.
We would all like to see a fair and reasonable take out offer for sure but the point being that it should be done at fair valuation WHEN ALLTHE FACTS ARE KNOWN to the best of our abilities, and we have some idea of at least a preliminary resource calculation.
It may make sense for a car salesman to "pretend" and play little mind games to suck in a few prospective buyers, but that is not the real mining exploration world. Any real prospective world class buyer will be far beyond these amateurish attemps to drive up prices.
What will support FCU and AMW merged shares will be actual proven up values, resource estimates, 43-101 etc., not figments of someone's imagination! Those that invest in shares usually do a certain amount of information digging to determine value and returns. This does not mean that it will take 20 years or even 3, but will depend on drill holes and analysis, and supply and demand for U3O8........reality!
Those that invest in imaginary share values earn exactally what they deserve....imaginary returns!
Solver