Post by
iminddo on May 24, 2013 9:41am
royally screwed
Am I wrong or did Strathmore get sold for less than .23/share (1.47x.155)
Comment by
cb2task on May 24, 2013 9:47am
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Comment by
iminddo on May 24, 2013 9:47am
nevertheless, STM was in the .70's less than 2 years ago and in the high .30's last year. Its highway robbery and for whatever its worth, I will vote against it.
Comment by
hedgefundguy01 on May 24, 2013 9:56am
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Comment by
superman4444 on May 24, 2013 9:56am
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Comment by
iminddo on May 24, 2013 10:00am
as I said for whatever its worth.
Comment by
cb2task on May 24, 2013 10:01am
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Comment by
easyryder on May 24, 2013 10:06am
95ML lbs in the ground and counting, plus Copper King, and they are offering 5 cents above the current depressed sp??? Opportunistic!!! Why would Miller even consider this. What does Sumimoto have to say about this?
Comment by
rick1966 on May 24, 2013 10:12am
I do not have strong feelings about this merger offer. If it was a cash offer I would feel ripped off but the synergy is obvious and we still have decent upside as they are buying us with their own undervalued paper. I would love for another bidder to get involved but do not expect it.
Comment by
superman4444 on May 24, 2013 10:13am
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Comment by
wintersun10 on May 24, 2013 10:14am
of course EFR should be trading higher as well, was in the 20's not too long ago, you need the price of uranium to go up, then all these marginal mines will become profitable and you will see the share price go up a lot, of course uranium is still down, so that is your problem here...
Comment by
superman4444 on May 24, 2013 10:18am
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Comment by
easyryder on May 24, 2013 10:20am
I wasn't saying Sumimoto would be against it, I was suggesting perhaps they would also make an offer. This would be a better deal for shareholders if it took place in Jan. of next year, when the share price has hopefully recovered. JMHO.
Comment by
superman4444 on May 24, 2013 10:28am
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