Yes can't see Nord making an offer with Gold above $1700.00. If I was Nord I'd be waiting for the market bull trap to run it course. Gold will get hammered again when those over extended have margin calls and sell anything showing signs of strength to raise cash. Nervous holders of CDV will be worried as to why Nord didn't make an offer a month after being granted access to the data room as they indicated. The question will be asked what did Nord find out from the data that the average share holder doesn't know? CDV will go sub $0.30 again and Nord will pounce. Potentially offering less than what they indicated last month. Nervous holders will again be thinking if Nord have looked at the data and think CDV's worth less than what they originally indicated they would offer I'm out. Then as the price of Gold rallies again or another take over offer is made Nord's offer will start getting realistic. Don't be the first to flnch people.
CDV Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held
