The one thing that i think holds us in good stead long term is the way management have made a concerted point over the last few years of wanting to become a miner(whethere that be the real case or not). If the compnay had merely portrayed itself as an explorer and takeover target then i think we would become an easy target in times like these. Yes, there's probably going to be more pain to come but so long as you are able to hold tight a little longer and get through this period then the rewards will still be there. What will be interesting now is how Hohnen and his men play this out and whether they'll panic and see this as a time to take just any offer or have they really got the nerve, foresight and courage to see this through??
time will tell!
EXT Price at posting:
$8.00 Sentiment: Hold Disclosure: Held
