GREY:BYVVF - Post by User
Post by
gnawitallon Jan 27, 2014 10:20pm
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Post# 22140478
The Best Plan is for a buyer to wait
The Best Plan is for a buyer to waitThe " Best PLan " forNew Gold , or any other buyer is to wait !!!! Because to survive BYV will need to do more drilling - requiring that inevitable new financing - thus diluting the current share value . New Gold runs a business not a charity ! And it is premium good business to pay as little as possible for acquisitions - on top of this is the depth of the gold and silver and how it is disposed non linearly , willy nilly all over the place some up some down ! Imagine the working shaft to get the ore out - or is it that your minds cannot see the obvious logistical exercise ! we are talking 500 to 700 meters under the ground which in feet is 2000 ....... food for thought - all that is neede here is for gold to collapse to about a 1000 bucks an ounce and this property can be trashed for a total write -off