re: Ann: GML: CTO: Citigold Takeover Bid for ... Hmmmm, I can't see what all the fuss is about.... Haven't management made it clear all along that one of their intentions was to acquire other assets as the company grew?
So as some have suggested this is possibly a indication that production is now on target to reach estimates. I really couldn't see management going after other assets if operations weren't on target.
I'm kinda miffed though as to why they diluted and then make an offer now rather than just wait until cash flow improved.
Are they privy to something that makes them want to move now?
Ann: GML: CTO: Citigold Takeover Bid for Gateway , page-28
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