Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum Vaaldiam Mining Inc VAALF

GREY:VAALF - Post Discussion

Vaaldiam Mining Inc > VAA trading like...
View:
Post by rborhi on Feb 04, 2010 12:04pm

VAA trading like...

most people think the hostile takeover won't go through.  Down to 4.5 cents Canadian when there is an offer of 7 cents US??  It's a gain of over 50% if you can buy for 4.5 and sell at 7.0.  This tells me that at least the market is doubtful about this going through.

What would be interesting is if a third party stepped up to the table to make an offer to gain VAA's assets.

I'm still holding but would think if there was confidence in the 7 cents offer, we'd be trading at 6 or 6.5, maybe as low as 5.5, but that's it.  Anything lower says doubt to me.
Comment by vwdriver21 on Feb 04, 2010 12:31pm
I would think the reason this price is so low relative to the hostile takeover price is due to the lack of anything official frm Mr Bailey..I would assume we get a nice jump once the official word comes out. Someone here posted earlier a few days ago that they had been in contact with Dunn group and they were told the official word would be out in a few days.. take it for what its worth..
Comment by rborhi on Feb 04, 2010 1:50pm
Well I doubt if he is doing any manipulation on this kind of stock, a few cents gain for every million shares is only 10 to 30 thousand dollars, chump change to a guy like that I would think and hardly worth his time.  My guess is it will be a legit offer.Don't forget VAA has a mine they were planning to re-open (diamonds and gold), plus the Brauna property that a group paid $5 million ...more  
Comment by kitfox1 on Feb 04, 2010 2:39pm
Your exactly right .He wouldnt bother for a couple of pennies. zt8s4
Comment by Wedge69 on Feb 05, 2010 10:13pm
Kind of makes you wonder who is buying all the traded shares>   and makes u go......Hmmmmmmmm !!!