Top Bullboards post:
“JMHO but, a SIB is a significant event and must be under with the approval of the Exchange. Therefore, present shareholders would have to be offered a fair value for their shares given all the facts and information including a reputable third party valuation such as the one out today. Given all the information so far, I would think that a share buyback of that magnitude would have to be over $3/sh. Irregardless, any buyback offer would have to be done at a significant premium to market price. As we are still only past the first phase of the valuation with more value added by the remaining project, the numbers should increase upwards as one would hope the share price over the next few weeks. I would hope the share price would be over $2/sh on that alone and the company would still have offer something North of that to entice 20M + shares from present shareholders.” From bigtony2 on the Western Wind Energy (TSX: V.WND, Stock Forum) board.
Top Bullboard:
Intertainment Media (TSX: V.INT, Stock Forum) received the most reads and posts on a day its stock popped more than 22%.
Top blog:
LexLuthor2 says he’s doing some bargain hunting in the junior gold space in the Lex Corp blog.