GREY:RNKLF - Post by User
Comment by
MonstaDrivaon Dec 17, 2018 9:08pm
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Post# 29127025
RE:RE:Serious Question re: speculative buyout
RE:RE:Serious Question re: speculative buyout Jimpro63 wrote: Don't rule out Gold Fields ... they are huge in W.Australia... Sprott is set-up now , regardless which way the Beta Hunt Mine goes ... K.L. would offer a 50 RNC shares for every 1 of theirs ( the higher their share price goes the worse deal for us )... Gold Fields may come in with an all cash offer upwards of $2.. There will be more than one interested bidder when and if that time happens .. I still stand behind my prediction of a SPINCO ( Dumont etc....non-core assets a potential buyer not interested in )... All of the above $ amounts are just examples ...don't freak out ...lol )
Yeah Jimpro , we are on the same wavelength about the higher KL goes and I've been thinking the same thing . The reason that bothers me is because say KL keeps going up and about the time the share swap starts , KL takes a big tumble for some reason . Who knows , right now KL is up about 6 bucks in the last month . I like buying a stock when it's cheap , not when it's maxing out at the upper end so I agree with you . We could get that high price stock and then go nowhere . Not sure my logic is accurate , you know better than I do bro .