Post by
Bottomfisher on May 06, 2021 1:59pm
Solaris Buyout Target Contest
Initially when I bought shares last July my target for a potential buyout was 10 - 12 CAD. Time to revise that, my new target is 18.50 a year from now.
How about you ? what do you think is a realistic target for a buyout by one of the majors ? timeframe in mind ? ...and there is a big price for the winner of the contest: you can cash in all your shares with a big smile on your face !
Comment by
5Nlm5an5 on May 06, 2021 7:56pm
A double from here, approx. Based on a resourse 2billion tonnes or greater, 0.6 CU equiv. or greater. less than 1:1 strip ratio, hydro power, close to hwy,close to tide water,new pro mining Government. Within 12 months. The kicker is we will get the spin out shares of all the other assets, so they can work there magic again. Think Lumina copper. The stars are aligned!!
Comment by
5Nlm5an5 on May 06, 2021 11:58pm
I agree entirely Stockwizard, may be shorter than 18 months but 12,18 whatever. Massive wealth creation!!
Comment by
BSdetector2016 on May 08, 2021 9:07am
Absolutely correct. It can't be shorted and if the vermin tries they will be vaporised.