Ray . Can you tell me what makes you think the IGC deal is undervalued ? I would say no ,because you wouldnt know the first thing about valuing resources .You obviously havent done a comparison with valuations on other platinum companies to find out what the IGC assets are really worth . But you can cast aspersions about my motives here !!! You are just plain wrong . Maybe you should be careful what you and the cronies wish for . Stopping this deal will place IGC in a position where the market could begin to value their assets similar to NKP in the absence of a buyout .Lets face it ,who else would be interested . $3 per in ground ounce would value IGC at less than $10m .Yes a sixth of what they have been offered .Thats what the market is valuing NKP at now ,so dont scoff . NKP share price has actually been stifled by the markets perception of a large dilution to pay the $60m . If this deal doesnt happen I will be very happy ,because the share price will surely fly . The market hates these kinds of uncertainties hanging over a shares head . The only ones that will lose out if this deal doesnt go through is IGC holders . This deal is only good for NKP if it doesnt cause undue dilution ,and thats what it would have caused if they had to raise $60m . The only thing I object to on these threads is the slanderous ,unsubstantiated , BS ,allegations that some posters think they have a right to post on a public forum .
IGC Price at posting:
21.0¢ Sentiment: None Disclosure: Not Held
