Post by
goldopportunity on May 16, 2019 9:29pm
Fwiw.......
Imo, I would place the odds at greater than 80% that AZX shareholders get a better bid. I look at that low-ball bid we have out there now and think of it as a starting point. It's essentially a stink bid that signals to me that AZX is in play. Now it's up to our neighbours (among other entities) to put a value on AZX as it relates to them going forward.
I can't see Agnico with their approx 10% stake going for this current deal. Agnico lost big time in the shareholder vote. I don't think they would want to make the same mistake this time. So I would have to assume they're interested. And Probe could get a 100% interest in their current JV with AZX, and the rest of our company to boot for perhaps even a bit less than their supposed .12 bid from last year. Nothing's changed in terms of the property alexandria owns except that we are still waiting for gold assays from a number of holes and an updated re. And I think Alexandria's gold in the ground and safe prolific location would probably fit like a glove into Eldorado's plans, especially considering the problems they've had in Greece. So I think things will start to get interesting very shortly.
Although volume has dramatically tapered off, we may get st volatility in the immediate st with .025 being tested again on increased volume. If this indeed does happen, don't worry as it's just da boyz messin' with your psyche in hopes you sell into their greedy waiting arms. So just sit tight. You may even consider buying if you're able. I think we'll find that things will start to move pretty quickly from herein. Everything I've mentioned in this post is what I perceive to be as logical speculation. Do your own DD. Glta.
goldopp