RE:RE:RE:RE:RE:RE:RE:RE:RE:SSRM shareholderYou have no clue how capital markets work. No one is taking $ 5.00 CAD certainly not me to make a measly 5-6 %.
If the stock just traded at $ 4.85 CAD over 1 week ago, no one is taking $ 5.00 CAD..how can you even suggest something so insane??!
Especially in a deal of cash and shares in your fantasy with SSRM (garbage stock)...NEVER happening 0 % chance.
Furthermore, I just re-watched the video of Huet's speech at the Denver Gold Forum, very informative specifically Hollister part which was a big focus of his speech. Very little mining took place at Hatter Graben in years Great Basin Gold operated Hollister from 2007-13.
The 425 K of GOEs came from Gloria Zone. There is a reason why Hollister was purchased. I'd suggest everyone go and watch the speech posted under "Presentations" on their website. Will answer many questions...only downfall is too bad the Hollister production in Q3 came in well-below market expectations thus the plunge in the SP.
They just need to ensure commissioning of CIL circuit is finalized in Q4 to increase production in Q4 very critical component to show ramp-up actually going to plan...
+ the in the video, Huet says Hatter Graben prelim. #s should be out by end of year...(that's why we have not seen anything yet so he still has two months to release these prelim. #s). FULL RESOURCE will be Q1 2018 per KDX corporate presentation. Commodity stocks have been hammered past two weeks. Look at Canadian oil stocks are killed yet oil near $ 52.50 WTI - all the focus has been on US equities!! Trading as if oil is sub $ 45 WTI. Canadian oil stocks near yearly lows, yet oil is up big from the June lows.
Please don't come here to make such ridiculous statements of being bought out at $ 5.00 CAD this is pure nonsense. Huet is not giving away what he has built just as the last two pieces are ramping up i.e. Hollister and True North for a measly $ 5.00 CAD!! Now $ 5.00 USD would be a different story...
JIN
prouditalian wrote: You nor I know what the funds will or will not accept. If there is a 5CAD offer with shares and cash...and they see the larger company has a better chance, they will accept it. Anyhow, this is all speculation and Klondex has some serious issues at the moment that need fixing.