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fazlice

03/03/16 4:30 PM

#49362 RE: Congo Mining #49359

If they sell baa for 0.50 cents i will be pissed.
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gluckmanjake

03/03/16 4:32 PM

#49363 RE: Congo Mining #49359

What do you think the buyout price would be? And share price?
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Chelski

03/03/16 4:41 PM

#49365 RE: Congo Mining #49359

It would be a win win situation for them . Make a offer when POG is still low and Namoya not at full capacity. They still have a chance to steal the company before end of the year the PPS might be more fair value . If management does not accept the buyout offer , they just increased value of their shares by a lot . They could use the Canadian company that they wanted to have a JV with a while back.
https://en.m.wikipedia.org/wiki/China_National_Gold_Group_Corporation
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goldismoney1

03/03/16 4:43 PM

#49366 RE: Congo Mining #49359

Seriously. One nice thing was the market cap of GoldOne was $444 million, if we went out at $1.50 tomorrow I could live with that but still long term we could be a multiple of even that.