RE:Squeeze Me!DrawerKnife wrote: We don’t own EGX, Aura Does. Don’t be surprised if we receive an offer from Aura just above the 52 week high of 15 cents. It will be up to present shareholders to except the offer or not. As I said before it is called a “squeeze out”. If I was Aura I would do it. People in at 4 cents will do well, people in at 15 cents break even. Sure, legally we can appeal a low ball offer based on the value of the resource, but the majority of the 40% would have to agree, NOT. If you get a letter in the mail and are in at 4 cents, how would you vote on a 15 cent sale? The 15 cents would be happy to get their money back.
Yes Brendan, what would Aura do with the property; they would then sale it for $100 million.
$100 million more like 2-3+ hundred million. Power players of Ecuador we've all spoke of highly.