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Bullboard - Stock Discussion Forum Cayden Resources Inc CDKNF

GREY:CDKNF - Post Discussion

Cayden Resources Inc > "Perfect Storm" for hostile Bid?
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Post by desolationsound on Sep 21, 2014 2:48am

"Perfect Storm" for hostile Bid?

Opinion: I think if AEM/CYD SPs continue  to go lower early next week - if another  prudent gold company
wanted to make a competing  bid now that Cayden Resources Buyout deal is out there .... Based on the current SP and future potential  declines ....another buyer could potentially more than than make up any $ 5 million penalty if  current deal doesn't go through ..
The next week or so will be facinating to watch ... did Cayden Resouces Executives negotiate another "deal outclause" beside the $ 5 million penalty?
( I hope CYD investors don't  see another week like this past week. I was one of them. )
Comment by Shylock on Sep 21, 2014 6:25pm
I believe that the share prices of AEM and CYD next week will be determined by the general POG action.  I further believe we are in for a bit more downside.  Then there will be a bottom and a rise to around $1,350, which will drag both AEM and CYD up.  I would not sell CYD now, that is for sure.  This whole thing could change on a dime.  I have been in similar situations ...more  
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