Gather Ye Rose-buds (Interpreted)Buy SPC stock while you still can.
The ego of Magna's mgmt (the Sun) has been rising.
Is Magna professing no need for SPC because of the recent purchase of UNECONOMIC ASSETS from KGHM?
We may soon find out if those drifts will remain empty and that Mgmt OVERPAID.
In spite of solid drill results delivered by competent but understated leadership at SPC,
It's stock price has fallen.
Magna fondly hopes it can scoop SPC for pennies.
SOoooo Everybody, Let's understand the SITUATION at least as I see it.
1) We should accept that Magna's mgmt DOESN'T want us onboard EVEN THOUGH
SPC's reserves might ADD A LOT to Magna's Economic Reserves at current nickel prices.
2) Dundee may decide to buy SPC for pennies ONLY TO RESELL or MERGE with Magna.
Doing this would RISK keeping its OWN REPUTATION in the penalty box,
Where it has been
FOR MANY YEARS.
3) IDEALLY, a hedge fund, private equity fund, or other Investor, of which THERE ARE MANY
WHO WOULD BE ATTRACTED
AT THESE PRICES
Could offer to buy SPC stock for a dime or more per share.
That would smoke out Both Dindee and Magna mgmt.
Are egos taking over from IQs?
MAYBE.
Quite POSSIBLY, Magna's mgmt may be trying to buy SPC for TOO VERY CHEAP
TO OFFSET
AN EXPENSIVE PURCHASE FROM KGHM.
And analysts and others haven't yet picked up this strategy.
I hear nor read about anybody expressing a healthy SKEPTICISM in the gaggle
That surrounds that stock.
We c.................
JMHO DYODD