RE:Bought-out scenario?There is a 0.01% or less chance of VLE hitting $1.50 in the next 6 months. That is one statement I would stand behind. Check the number of "ignores" on the SH posters that make the ridiculous targets. They creep and do this on all the boards.
LeJames wrote: Hi gang. Very interested in the potential of this stock. It seems if share price keeps dropping like this, some big companies will step up and buy it out even before they start drilling in the fall. I noticed some people on this B.B. are suggesting it can drop to CAD1.5/ share but the cash they have on hand is about CAD1.5 right? At what price do you think this company would be very likely to be bought out? Thanks!