how cheap do we have to get, page-21

With you on the sentiment GAD, and the outcome.

I disagree an the content of announcements though. There will be plenty of good announcements about increasing gold production and sales, just nothing helpful that will lift the sp because all free cash will just continually get re-invested. There definitely will not be any divvies until a total of 225M is spent, otherwise its just returning capital. Would FML spend 225M in a year??

I can't see anyone here hanging on for "x" years while the $225M plus any free cash gets spent on development and exploration before there is even a decent divvy - if then. The sp will just drift ever lower, on that we agree.

SD won't be motivated to pay tax as it defeats their purpose of gold in ground acquisition strategy. Same with divvies. So they will be paying great attention to the financials and breakdown between capital and exploration expenses for tax purposes.

My hope is that there are enough people (and there seems to be plenty here %-wise that think its a good deal and I assume they will buy up more shares) that there may be an up-lift in sp initially until the the reality dawns. At least I hope so then I can get out with my hide in-tact.

That's assuming the deal gets up of course.