Take a WGX perspective. Initial bid was for a running mill and a year's worth of marginal feed to blend up for immediate cashflow. Took something and made nothing.then makes sense. Took nothing and made something. Consequentially NNever under rated as a resource. Glad he didn't make an offer for distressed GCY as have enough organic resource targets in-house. There is too much local capital invested in milling capacity in the area. Talk of consolidation ultimately around larger mills. A bit of Argy bargy around consolidation RMS more likely than EVN.All Magnets moving around on a board. No confusion there.
WGX Price at posting:
$1.47 Sentiment: Buy Disclosure: Held
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