RE:Re:RE:RE:Re:RE:Re:RE:RE:RE:RE:New DirectorsI understand its speculating Psych01
That is why I am just speculating what would happen if the offer you speculated on came to be.
My speculation is based on historical predecent for stock aquisitions that have minimal operational synergy in the gold industry.
I have lno doubt that B2 Gold has a great balance sheet and is a good operator in the jusrisdictions that it operates in. If you feel comfortable with where these mines are you should just buy B2
Why would Clive want to dilute his shareholders with the very significant premium in shares that an acceptable aquisition would take of OGC. They (SH)could simply own both by buying them on the market
I doubt most OGC shareholders would be thilled operating in some of the " exotic" places that
Clive operates in. I think the 1 mine in the Philippines was enough to satisfy them of that passion.
Here are s two simple thing you can look at.
1) As much as our shareholders cry about OGC`s poor performance in the last 12 months, and rightly so, B2 Gold has fell from its 52 week high slightly more. ( 38% vs 35% )
2) B2 Gold has net selling by insiders, and Clive sold a chunk this month, while OGC has net buying.
Seriously Psych01, I would welcome all bids for evaluation. Shareholders would be crazy not to. The one you proposed would fail immediately. It would need to be much higher on a share aquisition. If it is cash we are talking another animal.
Just having a little fun, like you as I watch these crazy markets.