I very much doubt any take over is on the horizon for many reasons. I stated it also before, but lets repeat: - The gold market is moving in the right direction, almost every day we get a new all time high, we are a producer, so we are not desperate to move projects forward and get some cash to have things build. Some juniors state even in their presentations, whats the average acquisition cost per ounce. BC8 are nothing like that. They are mine builders, operators, very skilled people and they as we want to win big. - BC8 is also not an ideal target, since for the bigger producers a mine producing minimum 150.000 ounces is better than some 3 mines producing some 150-200.000. - Shareholders would block it I suppose, no need to sell it early. Once we get to 2-3 Billion market cap, some might be willing to think about it, but for me even that is too low. There are very few reasonable alternatives where to deploy the capital, so why to sell too early? My ideal scenario is to early retire once I sell it, so that is my goal.
BC8 Price at posting:
98.0¢ Sentiment: Buy Disclosure: Held
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