RE:RE:I've spoken to IR Steve today He is quite positive about GGDAgreed. The Company has so many avenues to grow shareholder value once the SG deal closes. They will have over US$20 million of cash on the books. They could either announce a 5% share buyback plan or a small dividend. This is an unreal price for all those who buy. There is nothing fundamentally warranting selling nor where the current sp level.
At these prices and at the levels management is saying the company will produce over the next 4 quarters, there HAS to be interest from other companies in acquiring or merging with us. The only obstacle right now is closing the SG deal, then I think we are in for a good ride. What acquirer WOULDN'T want access to over US$20 million in cash sitting in a bank account and a cash flow positive mine at current levels....mind boggling. I would love to see us merge with a producing silver company who could use our US$20 million cash on the balance sheet for further drilling or exploration. Could be huge.