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Re: Beth0515 post# 71416

Sunday, 10/04/2015 6:02:37 PM

Sunday, October 04, 2015 6:02:37 PM

Post# of 80983
"A tender is likely on the way. I doubt it will be much above a dime, if that. What do you think?"

Beth they have two years to buy the stock up at/in the public market. Why would they make a tender offer NOW that is a multiple of the market price? They can be patient and they can buy slowly so as to minimize the price increase caused by their purchases and tender for the remaining outstanding shares down the road.

Effectively they have control of the mineral deposits now and for two more years.