RE:RE:RE:RE:Comments from a Gold Silver ExpertJay.
I have done much trading to bring my averages down to around 76 cents and $1.14 and I don't care much for the Calibre takeover which yes I am likely to see some gains but take no pleasure in seeing a great mine built in NFLD under these terms. I guess they thought correctly ,most of us retail holders were as dumb as they come and could just walk in thanks to MOZ management who took the easy rd out. Never mind dilution.With Au likely to head or stay around $1900-$2000+US it was an easy sell to associated friends. I would have prefered a reverse split with MOZ even after additional shares issues. If there was management with the so called build mentality to see it through they would have done well with the support of government and shareholders not vultures. No disrespect to the employess who may see what could have been acrown jewel in NFLD.
Don't make predictions on what CXB will do. Likely they could be in th same boat with the B2B partner who is also is riskey teritory like Calibre . They all want into a nice safe pocket like NFLD and thanks to the players they got a sweet deal. Birds of a feather flock together. Risk reward I know. I would have taken dilution over this deal. I would have taken an offer by another company of merit. Yeah, I'll perhaps see two bucks or a reverse split in Caliber? Just look at Brokers you can see who are trading the shares for months.
Bottom line the deal is likely to go through thanks to the breakup wording but I will vote no for robbery. Take what comes in the merger and move on.
No disrespect Jay. We will make some money perhaps?