Post by
widestrides on Dec 31, 2013 9:59am
Animas Bidding 13 and Asking .135
Animas Bidding 13 and Asking .135
450,000 shares traded.
No one on the Boards. Amazingly quiet considering we have gone from .04 to .13 in a month or so.
So a shar of Animas is worth at least .15 now, but we will have to track the price of GoGold to really judge the value, because we are worth .07 a share plus 0.0851 of a GoGold share. GoGold is currently trading at $1.08 CDN and they seem to like the deal as it has been going up. It was up 10% on the news yesterday! Hope it keeps going up!
So today, Animas is worth .07 + .0851 of 1.08 or .092 = .$162 CDN!!!!!
Don't sell for less than .15 or .16 unless we see GoGold drop in value.
GoGold is GGD.TO
GL!
Comment by
widestrides on Dec 31, 2013 12:52pm
Don't sell for less. As long as GoGold stays above $1, we are worth .15 cents per share for sure. And there is always a chance that Marlin or some other company will come in with an even better offer. Obviously, our properties have some value. These are just lowball early offers. The fact that GoGold is going up on the news confirms that.
Comment by
Metalsguy1 on Jan 01, 2014 11:09am
As I understand it 45,000,000 shares are locked up and cannot be voted any other way than to support the .15/share offer. I don't think a better offer would be coming.
Comment by
casher on Jan 02, 2014 9:26am
this is probably true. however remember that a portion of the offer is based on the price of GGD current value for the deal is $1.05 x 0.0851 + $0.07 cash = $0.159 or about 16 cents per share! there is a good 20%+ to be made here
Comment by
widestrides on Jan 02, 2014 2:15pm
GoGold GGD is now at 1.12! It is going up because this is a steal! Value of Animas with GGD at 1.12 is .07 + .095 = .165! Do not sell your Animas for .13! When does this drama end?