GREY:LBEFF - Post by User
Post by
northerngirlon Nov 19, 2004 3:50pm
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Post# 8202433
if the timmins rumour
if the timmins rumourmill is correct (myrivers post) that another co. is looking to buy lbe...my bet is they want a good deal...FOR THEM which would end up a bad deal for us little guys....AND CONSEQUENTLY....
since no PERTINENT LBE NEWS is being released to boost the stock and instill investor confidence or draw new ones and KEEP THEM AWHILE..the stock will remain low and may even drop some more while the suitor is probably trying to raise the value of their stock!
The Resource calculations are still not published, current drilling info, no ir or pr no zippo.. DISCLOSURE OF SAME sooner rather than later would certainly increase the price...which would be good if this rumour is true!!!
i hope this time if they will be trying to make a deal they let everyone know so that other co. can get in on the bidding war!!.."exclusive deals" are not in the best interest of THE SHAREHOLDERS!