RE:Just a thought Ladies and Hammerheads!!!!!!!!!
finally....Incube8 has come back to the NSU BULLCRAP BOARDS!!!!!!!!!!
for years now, i have been the lone wolf on stockhouse saying that Lundin would attempt to buy NSU with a low ball offer!!!!
Remember that!?!?!?!??!?
Even tho... its just a "proposal" wink wink nudge nudge!!!!
well.... to even Grandich and Sprotts dismay....that little story came true...because they sure did come on here and discredit old cube .....
and they are still twisting themselves in nots over it!!!!
anyways,
I'm hopeful that the new "offer/proposal" is a fair one!!!! One that reflects NSUs true value.... because $5 per share in LOONEY TOONIE currency...is way off the mark!!!!!! P.S. stop drinking the flouride tap water already!!!!
that said, I'm not entirely sure what NSU should be sold for...but I'm extremely delighted that mgmt, gave that "proposal" a CRACKING NOOOOOOO!!!!!!!!!!
for the record, I'm not against the Lundins.... I understand, they want a bargain.. and all the power to them,,,,. but they're cozy relationship with BlackRock, Vanguard, Sprott and now all of a sudden M&G....will come into question ....if an unfair offer or vote passes thru .... in order to "get the deal done".
What's been evident over the last few years tho .... is the heavy manipulation of NSU shares at times!!!! And if we look deeply into the trading activity of the firms mentioned above, id bet the smoking gun of NSU share price manipulation would be firmly placed in their hands!!!
Also, for the record, I am long NSU... have been for ten years now.... still holding my original position...LONG like MY SHALONG!!!!!!
One thing that has concerned me however, after speaking with Heather Taylor on previous occasions... is the matter of the terms "proposal vs offer".... she made it abundantly clear that Nevsun has to disclose to its shareholders...once an offer has been made....any offer!!!!!!
So why NSU sat on their hands and why they allegedly let Lundin "look at their books" for the past few months...without any disclosure to its shareholders seems odd to me.... or is that standard practice?????
Or..... is that why during the release...they used the term "proposal"..... hmmmmmmm????? More on that later....
Anyways.....
I'm a believer that Lundin could never let it go that Timok was taken from him under his nose....
at the end of the day, NSU has done the laborious work and investment in proving up Timok.... and turning around Bisha.... that has to be rewarded by the market.... and its eventual acquirer.... will have to pay up for it..... why....because TIMOK just doesn't grow on trees!!!!! Its not everyday you come across such a deposit!!!!!
so .....
lets see how this thing shakes out!!!!
im hopeful for a "FAIR" offer!!!!!
if NSU does not get the fair valued offer it deserves... its off to the courtroom we go!!!!!!
In the meantime, i anxiously await!!!!