Supatcha Resources Inc. (SAEI)

[SpunjHamr]

Supatcha invested money time and research in locating the gold and locking up the rights. They were inactive for years and came back with a great idea at the perfect time. We are in on it. If the Merger or buyout comes, we all get paid soonest. I take the bird-in-the-hand strategic approach in my evaluation of most likely directions for these guys. Gold is hot now but Cramer and some others are asking if it might be too hot (like the Housing Bubble). Recent Fed announcements to print money and allow inflation to proceed may kick the can down the road a bit, but we will still want to strike while the iron is hot and get that gold out soonest. Faced with that prospect, I think they are doing all they can to get the best offer for the rights.

I think that it is not "If" a buyout comes, but "When". When it does they will publish a dollar ammount and that will be the instantaneous new value of the stock. It will trade at that level, deviating only pennies until the deal is closed.