I just received my call from PRU market research people. They are gathering data to see how likely their offer will be taken up. I said I wouldn't sell my ORR shares at their current offer. I take from the tone of the conversation I wasn't saying anything new to him. Eg I can sell them online now at 57.5.( I said this and he laughed in agreement)
PRU are being tight as they can with their offer but they are investing in research to see if they are going to be successful. I think they will make a higher offer especially now that Silver Corp have showed people are selling to them. (crazy as this seems- to me)
We wait and watch but its certainly not over yet!
ORR Price at posting:
57.5¢ Sentiment: Buy Disclosure: Held
