Voltalia Ord Shs VLTAF

RE:the general investment thesis for Volta should remain

[gold_diggers1]

ALLEN4 - "I would not understand anyone who would choose to bail at this juncture....."
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I do...... since the game is not exactly the same anymore regardless how you want to look at it.   Volta no longer exists if the deal goes through..... Kiaka is only on BTO's back burner until POG and the gold sector recover..... Yes BTO sees values in Kiaka, but only if it can get it and other properties for pennies?!    I would say management has failed to deliver its initial objectives to develop Kiaka... but at the same time management has succeeded in bringing values to those shareholders who bought in at $0.20s and below (including half of my shares bought below $0.40).... in a sense it's better this way than not getting financings and letting VTR turn belly up under this current tough market malaise.....  I selected to take a hair cut at $0.41 instead of, without this deal, possibly going bald with little or no hair left....   In fact, I thank VTR management has given me this opportunity to save even more hair on my head with this deal..... I have more hair this way than had I sold at $0.20s.....
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Moreover, I can always buy BTO any time with my proceeds.... instead of risking the possibility of the deal not going through and VTR sp dropped back to low $0.20s.   By selling VTR at $0.41-$0.415 and buying BTO shares, I have the best of both worlds.... unless a white knight comes along, up the offer for VTR higher than $0.42 which according to some articles, it's unlikely.... in this market... why? because there are plenty of juniors out there like VTR (e.g. ORE) that can be bought out for pennies... why up the offer to cost more money and compete with BTO?
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With BTO tanking from $2.81 to $2.48 since the deal was announced, I can buy more shares of BTO now..... than had I held onto VTR shares for share exchange.... True, I would lose out had BTO share price increased to $3.00, however that is holding above $3.00 past Jan 15, 2014........ but hey, in that case, i would find some others to invest though.
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Anyway, GLTA longs who still stay, holding VTR shares....
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