GREY:BFDRF - Post by User
Post by
willibrichon Apr 11, 2017 3:16pm
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Post# 26108591
Yes OSK will soon be making a buyout offer for BFD....
Yes OSK will soon be making a buyout offer for BFD....
I say this because it would be consistent with their stated goal on their website under Vision and Strategy , " Osisko is focused on a clear strategy of consolidation in the Abitibi " Yesterday's trading activity of 11,184,845 shares with no change in share price was unusual. And a conspiracy minded person might even offer the view that there was some suppression of the share price for a reason. OSK needs BFD claims before BFD drills in the extension to OSK 's FOX discovery , which leads onto BFD ground. Also BFD claims adjacent to the Blackdog area, where results from OSK's holes 9 and 10 drilled in January of this year have still not been released. ( Yes , there is a reason for this ) Best scenario is for Osisko to offer a share swap , so that BFD shareholders would still have skin in the game , if they so chose . The OSK geologists are validating their new geological modelling of Windfall. They must attempt a pre-emptive acquisition before BFD becomes too expensive. And they have the firepower to complete such a transaction immediately. I.M.H.O. Cheers !