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Re: emdyal post# 181513

Tuesday, 10/06/2009 3:54:26 PM

Tuesday, October 06, 2009 3:54:26 PM

Post# of 362900
emdyal, with that kind of cash flow they may well, but it takes one stockholder to sell or not sell. If SEO wants more than they are willing to part with it won't sell, if they meet his price it will.
Our share price will raise to reflect the value of what we find down there or if there is a public offer what the share price is offered.
I was in a copper company the chinese wanted a year or so ago, the share price moved right up to their offer, but no one had 51%, we may be selling for $.67 per share now, but we don't know whats down there yet.
If the cash flow looks good enough to them, if our 19.5 or 22% is attractive enough, china has cash to burn, but they won't till they are sure what they are buying.
They have doubled the initial production figures at Akpo and say they may still be on the low side
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