Everyone has a right to their own opinions on what they are happy with.
For me it boils down to first doing the research on what Sundance were buying in 2005/2006. Buying more shares than I had in Sundance when they were St Francis Mining. At that time the share price from memory was,low cents. Unfortunately for me I was in a business that I was trying to keep going after past employees had filled their own pockets,even years before I took the business over. Nearly lost every thing.Was in it from 2002 to late 2007. From 2003 to 2007 could not even draw a wage. That is the main reason I am not a big share holder.
My research and belief in the tenements in West Africa is so high,I would have bought millions of shares if I could have afforded too. I am not a gambler,in saying that I suppose buying shares is gambling.
The time and effort I have put in to researching not just Sundance Resources,but other companies/tenements in West Africa and Brazil,people who get spoken of in announcements,companies they are involved with,researching different types of iron ore from Australia's Pilbara,Brazil and West Africa,studying Geological maps,topographical maps,Environmental studies of the area,plans for the future for transport corridors going into and through the area of our tenements,.Also many other areas of research to do with iron ore.
I would not be happy with a take over.I would not be happy with 50,60,70,80,or 90cents.I sent an e.mail to SDL saying I would prefer a joint venture.
I believe 100% that SDL can be worth dollars in the future if we get a fair joint venture deal.
Regards Westcott.
SDL Price at posting:
41.0¢ Sentiment: None Disclosure: Held