Karmin Expl Inc KRMEF

Looks like....

[Katoriff1]

Hey You Hillman! Looks like they're either trying to get people to buy shares at a bit lower price, or they're preparing shareholders for a measly little buyout offer from Nexa. Sadly I feel we might be lucky to get even close to a dollar a share. Just my thoughts. GLTA.

[Youhillman]

Not sure we can read anything into the current price drop as the volumes are so thin ie 500 to 4500 shares a day, if it trades at all. As this drags out, I’m less optimistic the sale price will be $2+ which is the value quoted by Karmin on their website presentation.  I think it will come in now somewhere between $1 to $1.50 but my patience is starting to run thin as I’m sure all shareholders

[Lunchisforwimps]

I am estimating a conservative price of $1.60 (a discount but significant gap up premium to trading).  Zinc could do well on global stimulus/china deal and rate cuts (Nexa is committed and building). Have you considered that Karmin mgmt and BOD may consider financing it's portion and then keeping the 30% ownership if they do not get a fair offer. Nexa is gambling Karmin mgmt is a bunch of

[Youhillman]

Less than 4 months to go, so we will find out soon what the price will be. I always thought it would be close to $2 as Karmin states a value just above that in one of their investor presentations. The longer this drags out, the less optimistic I am. I’d love $1.60 to $2.00 but for some reason I’m thinking around $1.25. 

[TripleR44]

Just because Nexa wants a cheaper takeout does not make it so number one. Nexa assuming that this junior cannot together it's money for the mine is doomed gamble (it's not that much money as far as mines go). Karmin was also carried for 100 percent of Nexa $30 or 40 million of drilling off this deposit.  Karmin has not been diluted like other Juniors. The mine is massive along with

[Youhillman]

Less than 3 months to go. Not hearing much but perhaps something could be imminent! Let’s hope so....

[Youhillman]

Nexa gives a quarterly update at the end of this month, good chance something is announced at that time!

[Youhillman]

Never seen ALL the asks at $1.00, so I’m guessing a $1.00 is the price Karmin is getting from Nexa....If it is....disappointing for sure!