GREY:VITFF - Post by User
Comment by
slamdunkon Apr 11, 2022 6:29pm
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Post# 34595244
RE:RE:OCB started the rumor of Coeur trying to steal Victoria
RE:RE:OCB started the rumor of Coeur trying to steal VictoriaJohn initiated poison pill..You guys have done nothing but assume and
predict wrongly from time frames to buyers John was acting in an obstructive manner..A lowball offer was never going to buy Victoria .And back then, you were talking 25-30 all day long and named one producer after another as a potebtial buyer and there still has not been an offer..Krebs stated they expected a soft landing that was not what happened...
The words steal,ridiculously low and lowball were never going to happen .Number one. it,is not Krebs style and any bid would have to be accepted by the your Board.and John and Number two would probably have triggered a bidding war.
Coeur filed with SEC an earlly warning of intent.to purchase .Coeur never got a site visit or got to the data room.. .If there was any informal negotiation or any normal bid would be rejected because John wanted to bump the ounces up and increase production The poison pill was triggered and he controlled the Board majority...
No offer was tabled or brought to Board that is Public Record and Johns actions were hostile toward Coeur and Orion Coeur has a history of being fair and over paying.Anything was going to be unsatifactory unless it met some lofty figures.And you guys were all over the place predicting wrongly for a year..
I think you guys lost your livense to assume ,predict or denigrate...
If an offer was made or informal offer was made i venture to say it would not have been anything like a steal or ridiclously low and insulting..
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