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Re: specbidder post# 44122

Friday, 04/27/2007 8:35:34 AM

Friday, April 27, 2007 8:35:34 AM

Post# of 115222
We are dreaming if we think we will get a buyout near fair value based on reserves. AURC knows in order to sell this fast they will have to sell at a deep discount. How deep is the question.

Also there may be truth to the speculation that this is all a method to take it private cheaply and then reintroduce it on a higher exchange at much higher cost. If so they may take the .55 counter. In that case the deal isn't about fairness to stockholders but just business. However it still gives stockholders a healthy profit. Which any significant profit on a high risk pinky is good. We usually lose our asses on them.
ThSeeker

It is easy to figure out what you believe. The difficulty lies in determining - is what you believe the truth.