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kaydee

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kaydee

Re: rheddle post# 2606

Tuesday, 01/06/2009 2:58:22 PM

Tuesday, January 06, 2009 2:58:22 PM

Post# of 10911
Don't think of cash payments - they could pay with paper. Issue 126 mil. shares would do that. AXC was more than double today's price 6 month ago. In time, with oil again selling at $100/b and proven huge reserves in JDZ, it will go North of $50/sh again. That more than doubles any takeover price of $3.75.

I for one would go for such a deal in a NY minute.
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