re: Ann: Takeover Offer by Cauldron Energy - ... TAKE NO...

  1. 5 Posts.
    re: Ann: Takeover Offer by Cauldron Energy - ... TAKE NO ACTION!

    EMX: 16.7 mlbs U3O8 at 330ppm plus exploration target 30-55 mlbs (15-25 at 300-500ppm plus 15-30 at 1000-2000ppm)

    CXU: 15.7 mlbs U3O8 at 270ppm plus exploration target 30-115 mlbs at 300-900ppm

    The takeover bid should be 1 CXU share for 1 EMX share instead of 1 to 8!

    Massive undervaluation in EMX as I can see.

    "This is my opinion, others might see it different."
 
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