Post by
AIGswap on May 08, 2012 10:27am
Circular is out
You have to be suicidal to vote against this deal. FIU has been for sale for almost a year and no one else has put forth any legitimate bids. Really no one else even signed a CA. FIU got a great deal, far more than was originally offered (got an additional $35mm for MWS). If these assets were truly worth more than what AGA and GDO were paying, we would get superior proposals. Clearly this is not the case. It was a very well-shopped company and no one was interested. Seems like this thing is a goose egg if it gets voted down. Would you rather get zero or 10-20 cents? Too bad...
Comment by
dubsbs on May 08, 2012 11:08am
I agree lefmike. it's just that now reality is setting in and it's becoming very chilling. We just alway's have to remember that besky's still out there drummin up some buyer's..... hopefully eg: I like the possibility of a 50% buyer. so much could than change
Comment by
uranicynic on May 08, 2012 11:11am
AIGswap: You're entitled to your opinion but you should always provide proof when you make statements. Prove that the company has been up for sale for almost a year. Prove that the original offer was $300 million for MWS. If you know these things as facts, show your sources.
Comment by
chillyballs on May 08, 2012 11:27am
Where is this bloody circular
Comment by
dubsbs on May 08, 2012 12:11pm
Well we heard from lefmike and we heard from colt451 i still waiting for Hmmmmmmmmmmm???? This is the most bizzare case I've heard of in a long long time does any one recall a small gold company from years ago that started with a B