RE:$1.25 is uninspiring? Ballbark $375 million.When I said, Call up mangement and ask them if an offer of just $0.25 would have a chance of success... Well, most here can read between the lines.
We should all remember not to confuse the way things are, with the way things ought to be. Sure this stock ought to be trading a lot higher. But last week we were around $CA 0.15. Until last week I thought the first Resource estimate was months off. Who here doesn't expect our price to go up with its release?
Now, let's brainstorm on our own & take a look at NUG's Officers and Directors:
Roger Steininger , Chief Geologist, discovered Pipeline, which was bought by Barrick
Alex Davidson, Direcor is a previous EVP Exploration, Barrick.
Edward Cope, Director is a recent former VP Exploration, Barrick
Alan Hill, Director, is former VP, Barrick
I don't have time now to look at everyone including Geologists, for Barrick ties, but imagine being Oceana half way around the world, with I believe no Board seats. Imagine being up against Team Barrick.
If you are Oceana, up against Team Barrick, who has 3 properties next door, what might you do?
Well, if you want to snag NUG for $0.30, would it be nuts to offer $0.25, when it is trading at $0.15?
We ought to be trading much higher, but we aren't. Well, I ought to be 2 inches taller, but I aren't.
Not yet at least.