RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Q3 Production #s2Slow4uI,
Ok, so if 200k shares at the ASK represents a desire to sell, then why not lower your price to the bid to get an immediate execution of the trade? So your argument is NONSENSE, PURE AND TOTAL NONSENSE! Nobody is selling ORV shares, and the 418 share trade of ORVMF at 14.18 cents US is a total joke! So the volume on the TSX and the OTCBB says that NO SHAREHOLDERS are SELLING!
So let's ASK WHY THERE IS NO SELLING?????
So start with the following equations:
ORVMF = EXK in terms of the value of metal production
ORVMF = USAS + ASM in terms of the value of metal production
USAS = 2 x ASM and the 120 Zone = 1 x ASM
So if USAS acquires ORVMF then the value of that stock becomes USAS = ORVMF + USAS = 2 x USAS + 2 x ASM
So my bottom line is that ORVMF continues to be an acquisition target, and given the above math Americas Silver management would be stupid not to acquire it.