RE:RE:MoneyWith Mr. David Tretbar on the board (..."Since 2010 he has held the position of Vice President of Exploration and Mineral Resources for Summit Mining International, a 100% -owned subsidiary of Sumitomo Corporation of Japan") my guess is that Sumitomo is the heavy fovorite to buy out LIO.
There's a lot of talk on this board about concern for shareprice but the reality is that the company is cashed up and will most likely not need to return to the market for financing. Because of this, shareprice is almost of no concern. What is more important is the plan moving forward and making sure to take the steps necessary to ensure the company makes itself most desireable to the big boys.
What do you think happens to the shareprice when it comes out that Newmont and Sumitomo are both interested in buying LIO? Who cares what the everyday up/down price movement is.