That is correct but the question for me personally , is do I want to buy into yet another takeover target? AZS gave me a tax headache. DEG won't give me one because script. So I may stick with gold producers and near producers with tight registry over this prospect. Still thinking it over.
It's tricky for me personally this is not everyone's situation for sure.
I feel this is so undervalued it's almost criminal, and I hate to see the management apparently having to put out stories about being a T/O target to attract buyers. It's brutal. But the shorters are apparently part of a wider accumulation strategy & seen it all before. (see my sign off just before disclosure).
WC8 Price at posting:
18.5¢ Sentiment: None Disclosure: Not Held
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