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Gold/Mining/Energy : St. Jude Resources......V.SJD

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To: russwinter who wrote (2833)2/18/2000 9:08:00 AM
From: David R. Schaller  Read Replies (1) of 3065
 
russ, your suggestion raises the question as to why we haven't been targeted as a takeover. (Poison pills not withstanding) At these prices the company would net $2mil cash + its assets in Ghana for free. Are there no value seeking companies out there?

I am a little more comfortable now that they've dropped the Barcalounger business. I suspect it wasn't only the investors on this thread that were complaining about loss of focus. I doubt that Munks "Children & orphans fund" thought they were buying an office furniture company.

Dave
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