Post by
frankman on Jun 28, 2013 12:25pm
re: Tendering shares, Your right
Stock prices have declined for both stocks and this will likely be the best it will get clearing lawsuits.
It is extremely unlikely anyone else will touch this puppy during legal battles. Also Teranga may let the offer expire if it can't garner the necessary shares for possible better times in the golds.
Gold will become a flavour again IMO next year (maybe), however Oromin is going to max out it's credit card and require a penny financing again and Sprott already paid big time for the loan, and tax loss season is looming. So much for sugar plums. ,ALWAYS take profit everywhere you are as there are no "sure things".