RE:re takeover rulesYour right they vote. Going into the vote management has already been convinced and brainwashed to sell the company on the cheap like they have no choice.They DO NOT care about shareholders only themselves. They will receive their millions with bonus and many new stock options in the future. Just using rough numbers, You have a mine worth 300 mill land package and equipment another 300 mill that total value is 600 mill. Subtract the 100 mill dept is now 500 mill divided by 601 mill shares equals .8319 cents. So the sp has been hammered to these low levels and now make a 20-30% premium look great "REALLY". I know there has been serious issues that have happend recently , but they will get resolved with or without a buy out. You have to ask yourself who is selling all these endless shares at .075 I have a pretty good idea, could be the potential new owners???
Oh and if this buyout is true, they would add a 20% premium and at the same time do a reverse split at 5-1. I hope that I'm wrong. Would like to see them start up and run a few quarters. GLTA