Wowjust been through all the posts for the day, fair bit of...

Wow

just been through all the posts for the day, fair bit of vitriol. somethings really clear:

1) seems LT s/h been done hard and fast and put away wet, without a thankyou

2) Infiniti placement = takeover strategy to help get momentum, flexibility by the t/o party

3) Offer = well below expectations based on prior announcements and comparative EV/ounce values

4) Fair bit of shareholder displeasure

5) Smaller shareholders are likely to get crushed by much larger players, with much larger resources at their disposal.

6) Right now hard decisions have to be made by small players that have a fair bit of their personal wealth tied up in something that appears to be in the process of being rag dolled by nasty pasties

I personally think that those that have identified strength of management as a key for success in the junior explorer/ producer space are freaking right.

one of my first posts (Oct or so last year) on this co was to relay comments from my project director; he noted that they had the right address and the mgt were clowns. He was right on the money.

My personal call for my holding is to not sell and to wait out a fairer offer. and then bail. this is tainted, and there are other equivalent (or if you put a price on quality mgt, better) companies in Ghana right now.

Why do i think this? I work for a company that amongst other things builds or will build gold mines in Ghana (& West Africa) for companies like Newmont, Barrick, Gryphon, Adamus, and Azumah.

Take care on the roads, it's slippery out there and there are bandits looking to rob you of your hard earned.

glta