The bidders know they are sitting on a jackpot.
Weak hands and the impatient will say that 3.5c is adequate. F that.
I would rather this stay suspended and we see how the standoff between the military and the junta plays out. Silver and Gold (as we all know) has been depressed artificially for some time now. Once the lid is taken off the furnace, the price of both of these commodities are going to fly. Double digits for this at a minimum regardless of the uncertainty in the area. My parents are Burmese. I have family that have been down in the mine. An Uncle as a kid has been down in the mine with his father worked there and he tells me to this day he saw so much gold. This tenement is world class. Yes it probably is costing an arm and a leg to keep the company suspended and the uncertainty could make the board entertain offers like this but IMO reject all offers.
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