GREY:RNKLF - Post by User
Post by
burlington2on Nov 30, 2018 2:37pm
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Post# 29046789
buyout
buyoutI suspect a lowball buyout offer will be presented before we get the updated resource. The trick for management will be to convince enough shareholders to hold until the resource is updated and a fair value can be assessed . a steady stream of drill results will help. I recall shareholders who went to court for fair market value when inco was sold ended up getting 7+ $ more for there shares. not sure how long their shares were tied up though. most likely Goldfeilds. I'm sure that is also a part of the equation keeping the share price down.