RE:RE:RE:RE:CC....Method, I was more implying that if SVM was willing to to a JV with GCM, then why increase their offer? Why wouldn’t they negotiate directly with GCM and offer them a JV deal?
Also, I wasn’t aware that GCM is contractually restricted from issuing a dividend as long as they owe money on the gold notes. Interesting. I guess that my be their incentive to pay them off ahead of schedule?
EIther way, the price is behaving more appropriately considering their performance and overall gold market sentiment. If we see a dozen more +10% we might achieve a fair market value sooner than later haha
The Alchemist