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Bullboard - Stock Discussion Forum Strathmore Minerals Corp STHJF

GREY:STHJF - Post Discussion

Strathmore Minerals Corp > royally screwed
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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 GUNSS on May 24, 2013 9:42am
The following ten Uranium stocks are up an average of 54% from their respective 52-week lows. Strateco Resources Virginia Energy Resources Uranium Resources Inc. European Uranium Uranerz Energy Deep Yellow Areva UR-Energy Cameco Uranium Energy Corp By comparison, Energy Fuels, (EFR.TO), is up just 27% from its 52-week low. These ten peers have rebounded twice as much as Energy Fuels. I think ...more  
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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