if there is a takeover? whats a fair price?, page-33

I would expect that due to the resource upgrade alone, you are talking about close to 300 million in resource and that is Antimony only. There is also Gold and Tungsten (WO3 grades are very good) resource that can be extracted. We will see after the scoping study comes out, but even with 50 million in cost to get the mine up and running, IMO you will see a viable SP of $1-1.50 out of the scoping studying. Not to mention if you re-read the resource upgrade;

--The Wild Cattle Creek antimony deposit remains open down plunge.
--The high grade Sb-W zone discovered late in the 2010 drilling campaign has not been incorporated into the current resource estimate.

So there is plenty of upside here to come, 22c currently and 28c takeover bid are both way to low. I think the take-over bid maybe the best thing for this company yet, this might wake up others to the potential for this company.