RE:Commentary Did I miss a memo that we are having a competition where people try to post to stupidest comment possible? Good grief… there goes the neighbourhood.
In regards to Nicks resignation it doesn’t matter what you think about his resignation wether it was that he stepped down to retire or something else. He’s gone, he excersized a considerable amount of options when he left. No one leave a company and excersizes options if they don’t still believe in the company. PERIOD.
In regards to a buyout. It could be tomorrow. It could be a year from now. We don’t know. But what we do know is they are always making more discoveries. That being said it’s not like they are waiting to sell until they discover “all” the hold. Buyouts can happen at any stage in the process. Picture it like a scale where a company has an asking price along with all their resource data (what’s been proven, propable, indicated and inferred) on one side and then what a buyers willing to pay on the other side. Equilibrium can be reached at any point. Cynthia’s been at this for a long time and if you’ve spent any time doing real due diligence on the ishkoday you’ll know it hasn’t taken this long because they couldn’t find gold. It's because they keep finding piles of it and the price keeps going up!
If there’s one thing we can be sure if it’s that:
- there was a previous offer at a premium to 0.43 that fell through at some point in the past. Which means engaged buyers were/are at the table. If they found this to be some sort of scam or pump and dump (an absolutely ridiculous notion) it would have been exposed.
- The more gold they PROVE the more Cynthia will want
- Cynthia and team have been doing an excellent job of derisking the ishkoday and priming Lme as a buyout candidate. It is not a matter of if for Lme like it is for many other juniors but a matter of when.
- There has been NO material change to merit the negativity being posted on here lately.
if you don't like Lme or your not comfortable with what you've invested in because you don't understand this company or junior miners do us all favour and sell. Take this trash elsewhere