RE:General opinions Buyout........... I doubt it. (Will the Romainian gov even allow it???)
Partnership more likely
At the end of the day this is a 3 stage mine with long term potential and we are entering shaky economic times. Currently if they built the mine it would be profitable at the current gold prices and so forth. So if they want to make the big bucks they will hold onto this mine and do a partnership.
It still give manegment a big pay day as well as 20 years or so of consulting fees on a 3 stage mine that only gets more profitable as the price of gold goes up.
Regardless they will need to do something fast because manegment likes to burn through cash like a strainer holds water... this is a known fact so whatever there plan we will know soon enough.
So prediction if it is a partnership we spike and then hold $1 to $5 range as there will be further dilution and such.
Buy out $5 to $10 but I think the Romanian Gov might not be receptive to a buy out.