RE:RE:Buyout/Takeover My take is, Resource is looking at Cartesian and thinking about how cheap can they get this highly undervalued asset. It would be nice to know how much they already have. Vacuuming up the low hanging fruit before buying what’s needed to take a controlling interest is a possibility. Why pay $.75 for what you can get for $.30?
What’s reassuring from looking at their web-site is that they seem to be oriented towards maximizing value of promising assets. Seeing how ICP isn’t even a hole in the ground, not much potential to divide into parts and sell off.
I am surprised how much is available at $.30. My perspective, seeing such a well-capitalized mining investment firm so interested in scooping up so much at this undervalued price, I would stick around to see how their plan unfolds. Just my opinion, but a bad time to throw in the towel. This stock can only get better; time to be patient and see what develops.