$40 cents club, page-1277

The SLR merger meeting overwhelming endorsed the merger - who are these "don't like the deal and will sell" ?? ....
Very few of substance I suggest.
Big RED is now an institutional stock, with long life assets, expansion possibilities, large cash reserves, high credit rating, and further "regional consolidation" potential .... from here the market cap will be at the mercy of the POG (as always) and gold sector sentiment.
The bullish sentiment on gold will put a floor under the POG, as the reasons for gold bullishness remain ....
If RED heads down to the 30's (assuming no share consolation) then the whole sector will be down as well.
The BOD will be strongly influenced by large shareholder expectations, and this will probably include the promise of dividends ... unless a takeover offer too good to refuse emerges .... small shareholders opinion will be more irrelevant .... IMHO.