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eik

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Alias Born 10/24/2005

eik

Re: SOUTHPEN post# 14310

Tuesday, 07/31/2012 4:32:34 PM

Tuesday, July 31, 2012 4:32:34 PM

Post# of 17231
Well, I am getting very angry at... Hecla. Could it be that everything we witnessed last several days was just precalculated game to raise USA-RXE initial merger market cap? Really, the situation was kind of embarrassing - market didn't like the "synergy", and share price of both companies kept falling. Then they called the neighbor asking for help. Hecla's offer was too low and too late to cause any real threat. But now US Silver & Gold will start from higher level... Probably I am too cynical... but Hecla has just several days left to do something real to stop this merger. If they are serious, of course. They need to start some legal actions: to delay the shareholders meeting; to call for independent audit of submitted votes; etc. Raising the offer price wouldn't work at this point - there is no time for this.

IMO.

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