GREY:ALXDF - Post by User
Post by
cfaeron Aug 14, 2018 4:52pm
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Post# 28459979
Indeed
IndeedWith final trades at .04 cents I wonder how Mr Henry is even managing to produce any decent offers. Forget the ounces in the ground scenario. Most of the merger / acquisitions of late have been priced using short term share price dynamics. The former Probe offer at 12c is likely an opportunity missed ( thanks EO) especially in this gold market. That said, the sale option is likely off the table to be replaced with a small financing. Even then you would have to do it at .05c unless our white night Agnico is prepared to finance above current prices as they have in the past.