RE:RE:IRKED!!!! ---TooSlow are you and demon (and your other cast of characters) still schilling for Lundin or have you come to your senses yet?
Did you hear it straight from the Kuckster in his CEO's message? The Kuck sure did kuck ya good ha ha ha!!!
How much does schilling pay these days? Inquiring minds want to know!!! Ha ha ha!!!
2fast4uI wrote: plan b or c????? how about plan A!!!!!
And Kucking doesnt count as a plan.....................just sayin.................
Im 85% out of NSU but would like to pick some up before the fall rush starts........
still dont see much downside............might it get hit if Cu gets creamed even more???? yeah, but so will everything else.................
metals seemed to have found a bottom for now......................and NSU has basically tradded +- 1.5% the past few weeks........................a great return comaped to other metal names out there that have been crushed in the manner of a monht..........................LUN has lost the NSU bid value off its mkt cap in the past 8 weeks!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Demon11 wrote: NSU BoD have had a minimum of 8 months dealing with the LUNatics -- and were well aware of the LUNatics intent - but all they did was say NO!! -- They had some vague notion about financing TIMOCK -- and shuffled along patting each othet on the back about what a great resource it was - yet they Knew the LUNatics were likey going to start a war - but did NOTHING significant!!!!
They have no PLAN B or PLAN C just mindless repitition of what a great TIMOCK resource is - "trust us -- don't tender you shares to the LUNatics' - when they should have been creating a PLAN B and C and amending the Rights plan to thwart any hostile bid --- but they didn't do either - now they are HOOPED !!!!!!!!!!
Their backs are to the wall - they will likley lose the company to the LUNatics and - the s/hs are going to get screwed in terms of a fair price -- AND --its NSU's fault !!!! If they couldn't come up with PLan B or C or find a suitor over 8 months you can only imagine the crappy deal they will strike with their back against the wall with 2 months remaining to do it.
Since they haven't got any ideas here is a goofy one: issue share purchase warrents with a 1-2 month expiry at a big discount - say 1 warrent at $2 per share held - this will generate enuff cash to pay for TIMOCK -- and also indicate there will be a 2-1 share split once the warrents expire -- this will create a ton of shares -- and almost certainly the current market value of NSU would increase from $1.4 Billion to closer to $1.8 -$2.0 Billion - yes the share price would drop, but relatively -- not that much. The Lunatics would still bid but they would have to pay a lot more
This is a Goofy plan I agree ----BUT anything is better than the current - NSU 'NONE PLANS" -- their financing approach will not result in the Price of NSU shares going up - if anything they will go down - nor will it thwart the LUNatics bid - the LUNatics will simply lower their offer price to offset the dilution.
LET'S FACE IT ---WE'RE HOOPED ALONG WITH EX-NSU MANAGEMENT AND BOD