SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : GSS-Gold Star Resources
GSS 3.900+0.3%Jan 27 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: polish57 who wrote (48)5/11/2006 2:03:12 PM
From: sammaster   of 200
 
a buyout at this point is unwanted in my opinion...
they have gotten so much done that they would be bought out at a very low price even if bought out at double current price...

the positive side to this is that we can still buy a very undervalued producing company this far into the rise in gold price...

someone who bought at 7 dollars 2 years ago may be disappointed and someone who bought a few months ago at 2.5 would be ecstatic...

management may have been wrong about timetable but even if gold drops to 500 they will have a profitable growth gold mining operation over the next 2 years and beyond...
as much as people bash management, they will deliver results..just poor timing and communication...
they seem more concerned about growing the business rather than appeasing shareholders...
hmmm imagine that...a company thinking about long term business rather than short term gains...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext