RE:RE:NFG has a world class high grade gold discovery Retiredgeo wrote: From the standpoint of a NFG investor you are imagining NFG going into the mining business or selling off it's discoveries one by one. From the standpoint of a buyer the cheapest option is to buy up the whole company/mining district at an early stage.
If Agnico Eagle offers you $15/share are you going to turn them down? Will Eric and Pallisades turn them down?
I will be somewhat surprised if NFG is still on the board in two years time.
I think ES and Pallisades would be rolling on the floor with laughter at a $15 bid. At $25 they may have a read of the offer and at $40 they may get off the floor