GREY:VITFF - Post by User
Comment by
willibrichon Apr 05, 2016 12:49pm
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Post# 24732651
RE:RE:Kinross will take VIT over
RE:RE:Kinross will take VIT over
Yes. And Sun Valley also owns 15 % of the shares at present. This substantial institutional holding will be good for the average retail investor if Kinross elects to make a move. I am hoping that Kinross will make a share exchange offering to VIT. That way , we really don't lose the potential upside after gold starts to move up again. Much better than a cash bid for the VIT shares.