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They may have an offer/s on the table or coming but I am hoping they can hold out another 6-12 months. That would give time to upgrade much of the inferred to M&I, add more total ounces and with any luck find more high grade in the expansion areas.
Market is giving us a value of about $25 ounce, I hear comparables are closer to $100/ounce. Have waited since the last buyout, buying a fair number of shares along the way. Willing to go another year to make sure we get $4-6.
Best, JM.
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