Market action suggests that GUN has missed the boat. Bidders have lost patience, sp has dropped back to placement level, commodity prices have peaked, global markets are tanking. Meanwhile GUN has taken about a year trying to get the best deal possible, surely many potential suitors will lose patience & just walk away. Reminds me of the maiden aunt who was apparently very popular in her youth but rejected offers from all the "Mr good enoughs" waiting for "Mr Right" & finished up on the shelf. Sure, GUN will probably eventually do a deal for Coburn & the sp should rise, but from a lower base & to a much lower peak than if GUN had acted a few months ago. I'm holding mine, but quite disillusioned at how GUN management has missed its chance. Maybe the "gun" new appointment will sort things out, but I'm sure even he wishes his appointment were made months ago.
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