Trying to prevent a takeover bid?

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Trying to prevent a takeover bid?

posted on Apr 01, 2008 10:32AM

A question for those who know more than I. Is it possible that NOT and the rest of the Mcfaulds players are dragging their feet with drill results in order to stave off a premature lowball takeover with the current (hopefully temporary) downturn in commodities?

ie: If more than one of the mcfaulds players releases stellar results, one of the majors may launch a takeover bid at what pretty much everybody here seems to think is an undervalues SP.