Well it goes without saying really. Share price is low, the time to lob a bid would be before drilling Aguinaga, positive results there could potentially drive Solgold a lot higher. I would not be in the least surprised if one of the majors drop a bid in the next month.
I think its interesting that Solgold has elected to go for Aguinaga. Why not leave it as tantalising upside kicker for whoever makes a play.
NM obviously has thought out the timing and might be scared of oppourtunistic bid..
Maybe a few of the majors have taken a stake and are unknowingly working together to get the price down pre bid?
Me three or four perhaps?
SOLG MRE, page-60
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1.3¢ |
Change
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Mkt cap ! $13.56M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 900000 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 34286 | 1 |
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