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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (25297)	11/13/2006 10:36:27 PM
From: LoneClone	Respond to of 78410

Last time I looked, more than 90% of the VYE shares had been tendered, so the takeover is a foregone conclusion. However, the shares will not be converted until the takeover finally happens, so you can hold them in the interim if you want. LC

To: orkrious who wrote (25297)	11/13/2006 10:36:49 PM
From: LoneClone	Respond to of 78410

There is yet another update at the GPXM website -- see golden-phoenix.com LC

To: orkrious who wrote (25297)	11/13/2006 10:45:36 PM
From: stan_hughes	Read Replies (1) \| Respond to of 78410

In Canada, once an acquiring company gains 90% they can force the conversion of the other 10% on the same terms and conditions. It's called the right to a compelled acquisition. How this works in practice is that even if you don't tender your shares, you would be sent a cheque and the shares would be cancelled whether you agreed to it or not.