Sweet Crude posted:
"If my sources are correct you'll be looking at a BSG equivalent price in excess of $5 in 12 months time.
A bit of forsight required here.....things won't stay as they are at the moment!"
Comment:
That is NOT the main issue in my opinion because I have little doubt that BSG would be $5.00 plus in 12 months without CDE involvment.
The main issue is whether or not we would see a higher equivalent share price if the current company structure remained in place or if BSG merged ONLY with PJO.
In other words, does CDE entering the BSG/PJO party with its current scrip offer ADD real value to BSG/PJO or is it instead ADDING REAL VALUE to CDE at the expense of in particular BSG share holders?
Was it a mistake to open the door and invite CDE in to the BSG/PJO party?
I have yet to reach a firm conclusion.
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