RE:RE:For those who have bandied about % premiums in a buyout....I can't agree Clarke, I'm involved in three buyouts this month (ATC, SBB, MTU) and I'm taking small paper losses on all of them. Are you catching a theme here?
The theme is that the majors are NOW starting to poach whilst the juniors are at their weakest. Now is the worst time for a buyout (unless we get that vaunted bidding war going).
If you are a majors investor, this is the BEST time to aquire. If you are a juniors investor like myself, I want us to be in an environment where it is risk-off and the masses have left the general stock market and are fleeing for the safety of gold/silver. We are not there yet, but be patient, we will see a repeat of 2011.
Hey, I know, nobody wants to be patient, it would be like telling juniors investors back in 2005 that the payday is coming......which it did, we just can't predict with clarity as 20/20 is hindsight not forsight.