Post by
prouditalian on Mar 03, 2012 12:46pm
Majority of Minority
take away Anglo and Franco, you only need about 35% of votes to nix the deal. Sprott alone has 10%. All it takes is a few large holders to say no, and the deal wont go through. Increase the price or give me a dilution, either way, you will get at least double of .25. No brainer.
Comment by
colt451 on Mar 03, 2012 12:49pm
The problem is that we do not know where Sprott stands on this, I can't see any large holder being happy with .25-0.30 because they are the ones priced in at 1.00+.