Alpha Minerals Inc ESOFD

Another weekly halt

[MRSPEC]

So far every halt has been rewarded with positive news. The take over, I'm not so sure at this point, as we all should know AMW was going to break 10.00 this year, but now we have Fukushima leaking again, so that may cause a speed bump

[UraniumGuy]

This is going to be a good thing for all AMW / FCU shareholders. It doesn't matter if it's a merger or if it's more outstanding drill results. Whatever is happening in Japan isn't much of a factor here and now and really has no relevance to the halt this morning....

[losecash]

Soooo are the driils still turning or did dev shut that down ? Well I guess a guy wont beable to retire on this play. Looks like the quick flippers and bankers win. Any guesses on the final buy out ? I hope we dont turn into dml a bloated old pig stuck in the mud.

[Tarquin4]

It's obviously better than FCU's first offer but is it enough?  AMW and FCU each get to keep their other assets and since we still don't know the source of the boulder field that might work out well for investors.  I'm in both AMW and FCU so I hope one of them finds the source. Although having one of the little guys like FDC or NXE discover it would be cool too. And this

[iggy0]

Although having one of the little guys like FDC or NXE discover it would be cool too. FDC property is south of the boulder field making it impossible for the source to be located on their property. 

[Tarquin4]

Believe there's a difference of opinion on that. I also have NXE which is to the north so I'm covered in both directions. Of course more boulder fields. will probably be found all over PLS.  In fact tiny ABR says they've already found some. I think PLS could be a 500 million pound deposit. And it should be much easier to mine than McArthur River and Cigar Lake

[iggy0]

Yes I know there is a difference of opinion. But it is still geologically impossible. Look where the aforementioned boulder field is located then compare glacial movement. That is not to say that other boulder fields cannot be found for which the source would be on FDC property.  But they would have to be discovered SW of FDC property.

[Tarquin4]

Yes that's where ABR did discover its boulders, i.e., to the SW of FDC

[tiger6301]

Thanks for the management, at least, they did what said for the AMW's share holders. Why on earth someone is selling AMW at $7.43/share now. Basically on the exchage rate, AMW is worth 1.36*5.725 = $7.78.  I would rather hold my AMW shares for the exchage. Any other comments? It's suddently so quite here. tiger

[losecash]

You would be crazy to sell. I dont think we will wait long before dev sells pls. Its not going to be the 3 bagger I wqs hoping for but should still be a 50 % PREMIUM from around this level. Maybe fukashima has some peops spooked.