That being said, when your filthy rich, you still try to get it cheap. FNX once upon a time had a stake in LSG. Maybe they still do. Fact is this has never hit the RJ targets based on properties and the gold in Timmins west. 1.3 million ounces with a shaft being sunk. $1.78 is all this can do today???
If playoff hockey were the analogy, then the toasted Senators come to mind . Maybe my expectations were too high and developements have stated that the market place price is $1.78 . I think this company has a great growth opportunity. Not pleased about price though
Sorry for the subtle rant. This deal raises questions for me about SP and take out direction.