In fairness, the tedroenous of the post is dependent on the putcheviousness of the topic.
I'm curious as well what others think a buyout price what be. Not because I think anyone here has a clue, but should a buyout happen I think it is most likely to happen between August 14th and the end of the year. As I started the post, it's fun to talk about and fills the time until the next news release and or full FS is released.
I'm beginning to see the divide on this board. It's not shorts. I understand some that have been here for years don't desire to engage in the same conversations ad nauseum, but many that have only been invested in the last 12 months or so or are considering investing wish to have these discussions. Anyone that hasn't cashed out only have paper gains, but those of you that invested for a dime or in the teens already view this as a great investment. Even if there are issues with financing, permitting, etc. it is rather unlikely that you walk away from this without making money. My sincere congratulations. The value of the BFS alone provides a floor for the stock, but well under the current price. With a dime as your cost basis you have a pretty thick cushion and the upside from that initial investment is astronomical.
More recent investors have a much different risk/reward ratio here. Many are underwater. There is a high degree of skepticism with the investor that is dependent on a buyout or successfully operating mine to make money. The long term investors are out of the risk zone. We are not. As a shareholder, I would accept a $5 buyout in the next six months in a heartbeat. I'd take as low as 2.50. Those that have already banked gains or feel confident that they will may not accept this as they rather see it play out over the next 3-5 years to obtain full value.