takeover approach, page-3

Im not holding at the moment. My experience of takeovers is take the money and run. But I suppose it depends what you're buy in price is.

I had this with GDO where there were a lot of complaints from hotcopper posters but in the end I almost doubled my money and was able to shift that money into other gold producers.

If I was holding my original holdings bought at around 20c i would be happy to take the 30c short term and move elsewhere.

e.g - amx has got to be looking cheap. DRA. IAU? There's lots of good buys at the moment but maybe not so in 2 months time.

p.s.- I thought there was some modest strength coming into the buying on NGF over the last week or so considering the gold price doldrums.