RE:RE:RE:RE:RE:RE:RE:RE:RE:Mythbusting: Denison's 11-Year Stock Performance Quakes99: It is my understanding that a hostile takeover requires a 90% approval by shareholders. I believe that in the past, you felt it would be a difficult task. Correct me if I'm wrong. In addition, the tone of this BB would be just as opposed to a low ball takeover by Cameco, Areva, the Chinese,or any other group they deemed were trying to take advantage of a weak commodities market.
One thing is for sure. At the end of the day, if this comes to a vote, we will realize either the strength of social media to defeat this proposal or the influence carried by the traditional power brokers.
"I STILL would prefer no merger and FCU standalone, but the risk of a hostile takeover for a standalone FCU that gets no respect and could sell for a pittance is just too great in my mind with the FCU share price as low as it is. I want more time to continue proving up Triple R and R600W, a revised and improving PEA, and rising U prices to push up the value and attractiveness of Triple R before I want to sell it, even if it means sharing the spoils. The lesser of 2 evils, in my mind."