GREY:MWSWF - Post by User
Comment by
snootchybootchyon Feb 11, 2015 3:55pm
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Post# 23419529
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:So...
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:So... I think shareholders pretty much have to take the offer. I don't think there will be any other offers given the price of Cu and the political uncertainty in the DRC. It's a raw deal for long-term shareholders of the company but a pretty good deal for anyone who started a position within the last couple of months. I still think Galena's overall plan is to flip the company as soon as Cu prices go up, and Kapulo can be shown to run reasonably efficient. And likely by that time, there will be some resolution in the presidential elections in the DRC.