No way they accept a buyout of $1/share. It will take $2+ for them to seriously consider it. Especially if some of the high-concentrations of gold they have reported discovered can be mined during the short-term.
I'm certain the offer will be for less than $2/share and they will NOT accept it. Others here are more optomistic but I really believe the company is setting up the scenario for a bidding war once the PPS rises as a result of the impending offer. JMHO