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Bullboard - Stock Discussion Forum Cayden Resources Inc CDKNF

GREY:CDKNF - Post Discussion

Cayden Resources Inc > General Questions
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Post by TruthMachine1 on Sep 16, 2014 6:03pm

General Questions

Guys,

 

I'm very curious about the general feel and attitudes of some of the shareholders here and how you may proceed.

If you are in the corner of feeling, like I do, that this may possibly be our best case scenario with AEM, are you going to hold on to CYD shares until the deal closes later in the year and see what happens.

Are any of you excited or not particularity excited to receive AEM shares and will stay the course to receive that 0.09 share distribution for every CYD share held?

Are you ready to take profits now and redeploy your funds into better/new options/companies.

Are you willing to hold CYD here and potentially lose money if gold takes another huge hit to the downside as AEM and CYD will surely track gold if it weakens from here?

Are you going to hold just for the possibility of a GG counter-bid?

Just wondering about the general mood and moves some here my be contemplating as we sit here and watch the paint dry and dreaming about what could have been.

All the best!

Comment by wilwal on Sep 16, 2014 8:41pm
I'm sticking my nose in here, but your fortunes are now linked directly to AEM.  You must now think like an AEM shareholder and make decisions on that basis. The only wild card is another offer coming in which in my view, it is a slim to none chance of a competing bid coming in.  AEM is buying in to a certain amount of speculation and I highly doubt that Goldcorp will do that.   ...more  
Comment by TruthMachine1 on Sep 16, 2014 8:48pm
Wilwal, Very nice response and thanks for putting your opinion out there. I happen to agree with basically everything you said.  We are for sure joined at the hip with AEM. Now it comes down to, do you want AEM shares longterm or redeploy the funds to more leveraged mining plays.
Comment by wilwal on Sep 16, 2014 9:31pm
If you do redeploy in a speculative stock with a lot of upside, please have a good look at Merrex.  It is a safe buy up to .25 from its current price of .18 and minimum buyout will be .50 but depending drill results and how long they let the drilling program go on, could be much higher. They are JV with IAMGold.  It has a potential for $1-2 but realistically I'm looking for .70 short ...more  
Comment by HeyBlinkin on Sep 17, 2014 9:31am
For what it's worth, on my part I would have also really enjoyed watching the price climb a bit more too, but I can understand the 'bird in the hand' view that CR management seems to have taken.   Goldcorp and others have talked about 'peak gold' happening in the short term, so the price of gold is not likely to rise based on a short term supply shortage - though there ...more  
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