Having read your threads I can only commend you all on the content now the two idiots have gone/been barred.
That said, it's a pretty dull offer.
A 'get out' around Feb/Mar and was always in my thinking, for a price around $1.40. Major concern has been the potential for an announcement re delays in production.
What about the Zinnie boys coming up with a script/cash offer? That way we get to profit and continue to play in the province.
I think the beards summed it up nicely when they said 'opportunistic'.
For my money, the first offer is rarely the last offer and as far as Zinnie is concerned, just like my school report used to read, 'must try harder'.
As we progress into late January 2008 the potential for other suitors to show their hands has to be on the cards.
Sorry, no great insights here, just that it's going to be a fun January for those that have held on for exactly this scenario.
My average buy price is $0.334 so there is no down side but I'd like to see a lot more upside to make all the waiting (and interest payments) worthwhile.
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