R2, I'm not qualified to prognosticate. I have yet to see a simple straightforward reorganization or takeover by Dr Frost, so my guess will probably be too simple:
PGLC and Spinco (the PGLC stock Levon holds) merge into a larger operation - possibly including the Mexican mines - which would be a more attractive buyout target at a substantially higher pps. Not sure how there could really be that much synergy between a mine in Nevada (focus on gold with silver secondary and unstated other metals) and mines in Mexico focusing on Silver, gold secondary and industrial metals. Mexico pretty stable politically, if you forget about all the drug violence.
That said, I'm probably all wet on my projection.
What do you think?
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