RE:Randy ReichertTemple,
I think that Walter knows that he can do better than $15 if they do it themselves.
I reckon that if that was his level of involvement...it would have happened some time ago. I would be quite surprised if he accepted such an offer now - with the FS and all in hand.
From the start he said - There is always a price...but our intention is to make a mine (so...we're not desperate...and don't waste our time with low-ball offers). He said it much better than me!
el d
templetooth2 wrote:
Much as I'd prefer to see the company go on the auction block, if the company is going to go down the road of developing this deal itself, you can't help but be semi-impressed with the few comments we've heard from R-squared.
He's only been there since the end of February, but it sure sounds like he's got the technical bases covered. I've seen (over the summer) the ocassional reference to "deleterious minerals" and I've no doubt that contributed to the price slide. In the recent conference call and interview referenced recently, nobody queried him about that possible problem. I suspect he probably cleared a lot of air on the recent site tour for analysts.
Good to know there's highly competent people working here. I'd like to see all of them rewarded by a $15 takeout real soon. More would be even better, but let's be realistic.